MArket action overnight: dollar retains form – ANZ

Analysts at ANZ explained the action from overnight as we head into Tokyo. Key Quotes: "The USD retained its firmer tone overnight as expectations for a Fed rate hike later this month continued to build (now at 90%). Treasuries weakened further, with the yield on the 10-year note lifting 4bp ...

Mixed inflation figures in Japan, Yen non-reactive

Japanese inflation numbers for January (nation-wide) and February (Tokyo) saw a mixed-bag outcome, with overall reads still being far from BOJ's desired 2% target. A pick up in global demand, which helped Japanese exporters, coupled with higher domestic demand on rising stocks, were factor ...

Japan National CPI Ex Food, Energy (YoY) unchanged at 0% in January

Japan Tokyo CPI ex Food, Energy (YoY) remains unchanged at 0% in February

Japan Tokyo CPI ex Fresh Food (YoY) came in at -0.3%, below expectations (-0.2%) in February

Japan Jobs/applicants ratio came in at 1.43, below expectations (1.44) in January

Japan Unemployment Rate meets forecasts (3%) in January

Japan Overall Household Spending (YoY) below expectations (-0.4%) in January: Actual (-1.2%)

Japan Tokyo Consumer Price Index (YoY) fell from previous 0.1% to -0.3% in February

Japan National Consumer Price Index (YoY) rose from previous 0.3% to 0.4% in January

Japan National CPI Ex-Fresh Food (YoY) came in at 0.3%, above expectations (0%) in January

Fed expectations: a remarkable turnaround – ANZ

Analysts at ANZ explained that it has been a remarkable turnaround in Fed rate hike expectations. Key Quotes: "This time last week, a March hike was roughly 40% priced. It is now at 90%. Decent data has played some part in this, but ultimately the market is just reflecting what has been ...

Japan National CPI Ex-Fresh Food (YoY) came in at 0.1%, above expectations (0%) in January

Japan National CPI Ex Food, Energy (YoY): 0.2% (January) vs 0%

AUD/USD headed below key 0.7450?

Currently, AUD/USD is trading at 0.7574, up 0.05% on the day, having posted a daily high at 0.7579 and low at 0.7570. Forex today: even more upside in the dollar and yields AUD/USD was the worst performer with investors eager to unwind the overstretched long position with commodities in jeopard ...