A whippy overnight market, to continue in Tokyo? – ANZ

Analysts at ANZ explained that it was a whippy night, with the EUR, JPY and US Treasury bonds strengthening initially, only to all experience sharp turn- arounds later in the session.  Key Quotes: "All major European bourses ended lower on the day, but the New York session turn-around i ...

Japan Retail Trade s.a (MoM) came in at 1.1%, above forecasts (0.3%) in July

Japan Large Retailer’s Sales in line with forecasts (-0.2%) in July

United Kingdom BRC Shop Price Index (YoY) rose from previous -0.4% to -0.3% in August

Japan Retail Trade (YoY) came in at 1.9%, above forecasts (1.1%) in July

NZD/USD: headed towards 0.73?

Currently, NZD/USD is trading at 0.7261, up 0.07% on the day, having posted a daily high at 0.7266 and low at 0.7250. Data: New Zealand - Building permits for July arrived -0.7% m/m vs prior -1.0%. We now await a speech from RBNZ's Wheeler - 'Reflections on the stewardship of th ...

AUD/NZD the cross and rates outlook – Westpac

Analysts at Westpac offered their put look for the antipodean cross and rates. Key Quotes: "AUD/NZD 1 day: The positive trend remains intact, with 1.1020 the next major target (it was a major peak in March) as long as iron ore remains elevated and election uncertainty hangs over he NZD ...

New Zealand Building Permits s.a. (MoM) up to -0.7% in July from previous -1%

AUD/USD: headed back for a test of the 0.80 handle?

Currently, AUD/USD is trading at 0.7952, up 0.02% on the day, having posted a daily high at 0.7966 and low at 0.7946. AUD/USD is in a minor recovery of the reversal from the 0.7905 lows that were planted when the risk-off tone developed in the wake of escalating tensions around the N.Korea ...

Dollar falls against yen as Korean peninsula tensions eyed

Investing.com - The dollar eased against the yen in early Asia on Wednesday with events on the Korean peninsula in focus and data in Japan and Australia ahead. USD/JPY eased 0.12% to 109.57, while AUD/USD gained 0.04% to 0.7955. The U.S. dollar index, which measures the greenback’s strength against ...

U.S. crude stocks drop by 5.8 mln barrels – API

Investing.com - U.S. crude oil stocks fell by an estimated 5.8 million barrels at the end of last week, the American Petroleum Institute said on Tuesday, beating an expected draw of 1.9 million barrels. The data was complied before the impact of Hurricane Harvey. Gasoline stocks rose by 480,00 ...

How to read into the latest market reactions on North Korean threats? – ANZ

Analysts at ANZ noted the latest update on N.Korea. Key Quotes: "The White House issued a Statement by President Trump (rather than a tweet) on North Korea that read: “The world has received North Korea's latest message loud and clear: this regime has signaled contempt for it ...

Key events risks coming up – Westpac

Analysts at Westpac offered their outlook for the forthcoming event risks in Asia, the Euro area and USA. Key Quotes: Australia: Jul dwelling approvals are expected by the market to fall 5.0% after +10.9% in Jun and -5.4% in May. Westpac sees a 4.0% fall as last month’s 14% high rise jum ...

Market wrap: dollar recovers from a 30-month low – Westpac

Analysts at Westpac offered their market wrap. Key Quotes: "Global market sentiment: Markets reversed yesterday's risk averse response to North Korea's firing of a missile over Japan. US bond yields, the dollar, and equities rebounded to end the day flat. Interest rates: US 10y ...