Japan Industrial Production (MoM) below expectations (-0.4%) in July: Actual (-0.8%)

The Fed will like the US Q2 GDP data: momentum much firmer than expected – ANZ

Analysts at ANZ explained that the second estimate of US GDP data suggest momentum through Q2 was much firmer than expected, driven almost entirely by domestic demand, with both consumption and investment revised up.  Key Quotes: "That said, even the net export picture remained positive ...

Japan Industrial Production (YoY) came in at 4.7% below forecasts (5.1%) in July

AUD/NZD range breaker, headed to 1.1200 on break of 1.1020? – Nomura

As indicated above, AUD/NZD has reached our target and looks to be on the cusp of pushing through the top end of the 1.0238-1.1020 range it has occupied since mid-2016.  Key Quotes: "In our opinion, signs of divergence in the underlying momentum of the respective economies, recen ...

Japan Foreign bond investment climbed from previous ¥-453.2B to ¥359.6B in August 21

Japan Foreign investment in Japan stocks increased to ¥-246B in August 21 from previous ¥-300.1B

Key data preview: US economy PCE deflator coming up – Nomura

Analysts at Nomura offered their outlook for the next key data for the US dollar and US economy that the Fed will be playing close attention to. Key Quotes: "PCE deflators: Relevant data from the July CPI and PPI report suggest a gradual pickup in core PCE inflation in July. Our forecast fo ...

AUD/USD: holding onto the 0.79 handle, but only just

Currently, AUD/USD is trading at 0.7908, up 0.05% on the day, having posted a daily high at 0.7910 and low at 0.7898. AUD/USD has been consolidating the supply from the Asian shift yesterday around the 0.79 handle having scored below the handle for a fresh low of 0.7890, meeting levels last seen o ...

United Kingdom Gfk Consumer Confidence above expectations (-13) in August: Actual (-10)

South Korea Industrial Output (YoY) rose from previous -0.3% to 0.1% in July

South Korea Industrial Output Growth climbed from previous -0.2% to 1.9% in July

South Korea Service Sector Output rose from previous 0.5% to 0.6% in July

AUD/NZD upside in tact, 1.1020 the next major target? – Westpac

Analysts at Westpac offered their outlook 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), somewhat dependant on the outcome of today’s AU CAPEX report. AUD/NZD 1-3 month ...

Dollar up in Asia with China manufacturing top data bill

Investing.com - The dollar was up in early Asia on Thursday ahead of a slew of data from key economies. USD/JPY changed hands at 110.30, up 0.05%, while AUD/USD traded at 0.7904, up 0.03% The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major ...

US data reviewed and GDP tracking update raised – Nomura

Analysts at Nomura offered a breakdown of the key US data from overnight. Key Quotes: "ADP employment report: The ADP employment report for August indicates that private employment increased 237k during the month (Nomura: 200k, Consensus: 185k). Strength was broad-based across goods-producin ...