Japan JP Foreign Reserves: $1268B (August) vs $1260B

Fed’s Beige Book: growing modestly above trend – Nomura

Analysts at Nomura offered a review of the US Beige Book. Key Quotes: "Comments collected for the Federal Reserve Beige Book prepared for the September FOMC meeting describe an economy that is growing modestly above trend. This issue reported modest to moderate growth, an improvement fro ...

Congress delivers, disaster funds needed sooner than later – ANZ

Analysts at ANZ noted that Congress finally agreed on something!  Key Quotes: "The government funding profile and Hurricane Harvey relief stopgap budget were passed together through the house, delaying the debt ceiling debate to 15 December." "The 19 Oct T-bill yield fell 12bp ...

Japan Foreign investment in Japan stocks: ¥-158.3B (August 28) vs ¥-246B

Japan Foreign bond investment: ¥-117.9B (August 28) vs previous ¥359.6B

Australia AiG Performance of Construction Index declined to 55.3 in August from previous 60.5

CAD strategy post BoC surprise rate hike – Nomura

Analysts at Nomura offered their CAD strategy after the BoC raised rates today. CAD gone Loonie - Nomura Key Quotes: "The September rate hike has caught the market a bit off-guard, but helps reaffirm our positive outlook for the CAD. With Canada’s robust economic performanc ...

Market wrap: dollar up on US debt ceiling extension – Westpac

Analysts at Westpac offered a market wrap. Key Quotes: "Global market sentiment: The US dollar, bond yields, and equities rose, in response to an extension of the US debt ceiling and government spending until December. In other news of interest, Canada’s central bank hiked by 25bp, an ...

Dollar slightly weaker in early Asia on U.S. debt, tax politics

Investing.com - The dollar traded slightly weaker against the yen in early Asia as talks to raise the U.S. debt ceiling drag on and investors worry about getting tax cuts through the U.S. Congress. USD/JPY fell 0.04% to 109.19, while AUD/USD traded at 0.8008, up 0.07%. Australia reports its trad ...

API reports U.S. crude oil build of 2.79 mln barrel, shy of estimates

Investing.com - U.S. crude oil inventories rose by 2.79 million barrels at the end of last week, the American Petroleum Institute said on Wednesday, less than the expected 4.0 million barrels build. Gasoline inventories fell by 2.54 million barrels and distillates declined by 600,000 barrels ...

Peru stocks higher at close of trade; S&P Lima General up 1.32%

Investing.com – Peru stocks were higher after the close on Wednesday, as gains in the Non-Metal Minerals, Banking&Financials and Industrials sectors led shares higher. At the close in Lima, the S&P Lima General added 1.32% to hit a new 3-years high. The best performers of the session on the ...

Trump unlikely to nominate Cohn as Fed Chairman – WSJ

In a recent article, the Wall Street Journal said that US President Donald Trump was unlikely to nominate Gary Cohn, the White House's economic policy director, as the next Chairman of the Fed.

WTI holds above $49 in post-settlement trade after API-data

Crude oil prices failed to show a significant reaction to the API stock data with the barrel of West Texas Intermediate preserving its daily gains above the $49 mark. As of writing, the barrel of WTI was trading at $19.15, gaining 1% on the day. Crude inventories rose by 2.8 million barrels in th ...

Forex today: dollar higher later in the session, mixed markets and outlook

Forex today was fickle towards the dollar that ranged between 91.9880 and 92.3750, closing the day up +0.02% at 92.2720. The US 10-year benchmark yield was up +2.01% at 2.1011 close of play. The markets were steered along by a number of fundamentals, from resignations at the Fed, positiv ...

Verint Systems rises following earnings beat

Investing.com - Verint Systems Inc's (NASDAQ:VRNT) shares were climbing during Wednesday post bell session, following the company’s report that its second quarter revenue and earnings surpassed analysts’ expectations. The company earned 61 cents per share on revenue of $274.77 million. The per sh ...