Japan Domestic Corporate Goods Price Index (MoM) registered at 0%, below expectations (0.1%) in August

Japan Domestic Corporate Goods Price Index (YoY) below expectations (3%) in August: Actual (2.9%)

US dollar retains a firmer tone, euro losing the bid – ANZ

Analysts at ANZ explained that the US dollar retained its firmer tone overnight as US bond yields continued to edge higher and some of the post ECB rally in EUR/USD unwound further.  Key Quotes: "China’s move last Friday to free up yuan forwards trading is likely also continuing t ...

Japan BSI Large Manufacturing (QoQ) above forecasts (-2.8) in 3Q: Actual (9.4)

Dollar gains on yen in early Asia, producer prices ahead

Investing.com - The dollar gained against the yen in early Asia on Wednesday with producer prices on tap in an otherwise light regional data day. USD/JPY changed hands at 110.27, up 0.11%, while AUD/USD traded at 0.8017, down 0.04% The U.S. dollar index, which measures the greenback’s strength ...

AUD/NZD: target 1.0925? – Westpac

Analysts at Westpac offered their outlook for the antipodeans and rates. Key Quotes: "AUD/NZD 1 day: Broke below a two week sideways range of 1.1030 and 1.1145, signaling more to come (technical target 1.0925) in this corrective move. AUD/NZD 1-3 month: A retest of the 1.1200 area seen i ...

NZD/USD consolidating post break above 0.73 the figure

Currently, NZD/USD is trading at 0.7290, up 0.03% on the day, having posted a daily high at 0.7292 and low at 0.7280. NZD/USD has settled into a consolidation supported by 0.7280 after hitting overnight highs of 0.7320 in the US session. There was no outright catalyst for the bid int he bird, bu ...

South Korea Unemployment Rate climbed from previous 3.6% to 3.8% in August

US Producer prices preview – Nomura

Analysts at Nomura offered their outlook for US producer prices: Key Quotes: "PPI inflation was weak in July. Excluding volatile food, energy, and trade, core PPI inflation remained weak, down 0.1% m-o-m. August is likely to see a modest pick-up in PPI inflation considering possible rebound ...

JOLTS reviewed: highest on record – Nomura

Analysts at Nomura noted that US Job openings in July increased marginally to 6170k, up from 6116k in June, according to the Job Openings and Labor Turnover Survey from the BLS.  Key Quotes: "July’s reading marks the highest on record for the survey. Overall, vacancy postings remai ...

New Zealand Food Price Index (MoM): 0.6% (August) vs -0.2%

JOLTS reviewed: highest on record – Nomura

Analysts at Nomura noted that US Job openings in July increased marginally to 6170k, up from 6116k in June, according to the Job Openings and Labor Turnover Survey from the BLS.  Key Quotes: "July’s reading marks the highest on record for the survey. Overall, vacancy postings remai ...

API Reports 6.18 Mln Barrels Crude Build As Harvey Hit Tallied

Investing.com - U.S. crude oil stocks rose by 6.18 million barrels at the end of last week, the American Petroleum Institute said on Tuesday, more than the 2.5 million gain expected. It was the second straight build after Hurricane Harvey shut production in some Gulf of Mexico fields and refinerie ...

Conflicting signals coming out of equity markets at present – ANZ

Analysts at ANZ explained that there are conflicting signals coming out of equity markets at present.  Key Quotes: "On the one hand, major US indices are at record highs with the S&P 500 closing in on 2500, up 17% y/y and retail investor sentiment is high. However, the lurches i ...