Japan Imports (YoY) came in at 15.2%, above expectations (11.8%) in August

Japan Adjusted Merchandise Trade Balance came in at ¥367.3B, below expectations (¥404.7B) in August

Japan Exports (YoY) registered at 18.1% above expectations (14.7%) in August

Japan Merchandise Trade Balance Total came in at ¥113.6B, above expectations (¥93.9B) in August

NZ: dairy prices tread water – ANZ

Analysts at ANZ explained that dairy prices continued to tread water overnight.  Key Quotes: "This suggests Fonterra is unlikely to downgrade its milk price forecast when its annual results are released next Monday. WMP performed better than expected, with the first contract (+5% ...

NZD/USD: headed for a break of 0.7334/37

Currently, NZD/USD is trading at 0.7321, up 0.05% on the day, having posted a daily high at 0.7324 and low at 0.7313. Wall Street records modest gains as FOMC meeting gets underway NZD/USD has risen up to a consolidation of the recovery from 0.7247. The dollar was beaten up a little towards the en ...

Preview of existing home sales for the US session – Nomura

Analysts at Nomura offered a preview of the Existing home sales from the US session tonight. Key Quotes: "We expect existing home sales to increase 0.9% m-o-m in August to an annual rate of 5.49mn saar (Consensus: 0.2% to 5.45mn). In the long run, rising home prices and lean inventories ma ...

AUD/NZD and rates outlook – Westpac

Analysts at ANZ offered their outlook for the antipodeans and rates. Key Quotes: "AUD/NZD 1 day: May find some support at the 1.0930 area, in this correction of the June-Aug rally. AUD/NZD 1-3 month: A retest of the 1.1200 area seen in April is possible if iron ore’s rally since mid-Jun ...

New Zealand Current Account (QoQ) registered at $-0.62B above expectations ($-0.875B) in 2Q

New Zealand Current Account – GDP Ratio above expectations (-3%) in 2Q: Actual (-2.8%)

New Zealand Current Account (QoQ) above expectations ($-0.875B) in 2Q: Actual ($-0.618B)

FOMC preview: not expecting any substantive guidance – Nomura

Analysts at Nomura offered a short preview of the FOMC meeting. Key Quotes: "We expect the primary messages from the 19-20 September FOMC meeting to focus on the commencement of the balance sheet roll off in October. That said we do not expect any additional substantive guidance or detail ...

Market warp: dollar falls, stocks at all time highs, US yields up – Westpac

Analysts at Westpac offered their market wrap and highlight the key risk events ahead. Key Quotes: "Global market sentiment: US interest rates rose and some equity indices made all-time highs, while the US dollar fell. There was little news to drive markets. Interest rates: US 10yr yields ros ...

Dollar Down Slightly Vs Yen As Fed, BoJ Awaited

Investing.com - The dollar drifted slightly weaker against the yen in early Asia on Wednesday as the Fed gets ready to detail its policy viws and with investors awaiting the latest Bank of Japan policy review due on Thursday. USD/JPY changed hands at 111.57, down 0.02%, while AUD/USD traded a ...

Commodities – API Estimates U.S. Crude Stocks Rose 1.4 Mln Barrels

Investing.com - U.S. crude stocks rose a less than expected 1.4 million barrels at the end of last week, The American Petroleum Institute (API) said on Tuesday, while gasoline stocks fell 5.1 million barrels and distillates dropped 6.1 million barrels. Analysts expected a 2.925 million barrel ...