dollar slightly up against yen with China July trade ahead

Investing.com - The dollar ticked mildly higher against the yen on Tuesday in Asia with regional data focused on July China trade. USD/JPY rose 0.01% to 110.76, while AUD/USD traded at 0.7915, up 0.03%. China is expected to report exports rose 10.9% in July year-on-year, down from an 11.3% gain i ...

Japan Trade Balance – BOP Basis below expectations (¥549B) in June: Actual (¥518.6B)

Japan Current Account n.s.a. above forecasts (¥814B) in June: Actual (¥934.6B)

Japan Bank lending (YoY) in line with expectations (3.3%) in July

Dialling up the NZD angst – Nomura

Analysts at Nomura noted that the NZD TWI continues to track above the RBNZ’s assumptions. Key Quotes: "In isolation this is a disinflationary impulse, via a damping impact on imported prices. Given the limited breadth of inflation pressures in New Zealand, the rise in the NZD is a ...

AUD/USD: on thin ice ahead of Chinese trade data

Currently, AUD/USD is trading at 0.7908, down -0.08% on the day, having posted a daily high at 0.7916 and low at 0.7905. AUD/USD is consolidated holding above the 0.79 handle, but only just. Today, the Chinese will report their trade balance and Australia reports NAB business confidence an ...

Global markets overview – ANZ

Analysts at ANZ noted that it was a quiet trading session with an absence of major data releases and the European summer holiday season in full swing.  Key Quotes: "Having attempted to sell-off early in the trading day, the USD dollar consolidated and the 10-year Treasury yield wer ...

NZIER recommended RBNZ to stay hold

Markets await the RBNZ this week - no action is expected from the Bank. The New Zealand Institute of Economic Research (NZIER), or 'Shadow Board', that share their view ahead of each monetary policy decision recommended that the Reserve Bank should leave the Official Cash Rate o ...

United Kingdom BRC Like-For-Like Retail Sales (YoY) above expectations (0.6%) in July: Actual (0.9%)

NZD/USD: headed to 0.7275 on the session ahead?

Currently, NZD/USD is trading at 0.7358, down -0.09% on the day, having posted a daily high at 0.7366 and low at 0.7357. RBNZ: searching for inflation - ANZ NZD/USD was choppy in European trade before the dollar found some traction against the higher betas in early US. However, NZD/US ...

Key US JOLTS data previewed – Nomura

Analysts at Nomura offered a preview of the next key data from the US. Key Quotes: "JOLTS: In May, job openings declined slightly to 5666k from 5967k, but remain elevated. The decline was relatively broad-based across subsectors although retail trade (+72k) showed a surprising increase.  ...

RBNZ: searching for inflation – ANZ

Analysts at ANZ explained that inflation expectations receded yesterday, which was unsurprising given the recent falls in petrol prices and headline inflation.  Key Quotes: "The 2-year ahead inflation expectations measure fell to 2.09% from 2.17%. While one can pick plenty of holes in th ...

Market and economic wrap: dollar slightly down – Westpac

Analysts at Westpac offered a market and economic wrap. Key Quotes: "Global market sentiment:  It was a quiet night newswise, with markets fairly stable. The USD preserved most of Friday’s gains, while AUD/NZD nudged higher amid a 3% gain in iron ore and ahead of the RBNZ o ...

Wall Street ends quiet session marginally higher

Major equity indexes in the U.S. recorded moderate gains on Monday and remained relatively calm amid a lack of macroeconomic data releases and political developments. Nevertheless, robust second quarter earnings from big corporations and last Friday's upbeat nonfarm payroll report continue t ...