Japan Machinery Orders (MoM) above expectations (1.1%) in August: Actual (3.4%)

Japanese economy outlook – Nomura

Analysts at Nomura explained that although they expect economic recovery in Japan to continue, a possible downturn in the global economic cycle could slow exports. Key Quotes: • We expect core CPI inflation to stay below the targeted 2% level though a gradual acceleration is likely for ...

Japan Machinery Orders (YoY) came in at 4.4%, above forecasts (0.8%) in August

NZD/USD: ground-kiwi-day … same feel as yesterday, between 0.7050 and 0.7100

Currently, NZD/USD is trading at 0.7074, up 0.07% on the day, having posted a daily high at 0.7077 and low at 0.7068. AUD/USD: bears very stubborn at the 0.78 handle NZD ranged sideways between 0.7057 and 0.7088 in the NY session with a better bid tone in the higher betas on improved risk sentimen ...

Key data overnight results – ANZ

Analysts at ANZ highlighted the key data events from overnight making for the foundations of the Asian session's trade. Key quotes: "US NFIB small business optimism fell in September. However, it is likely that the hurricanes accounted for some of the moderation.  The index fell t ...

Australia Westpac Consumer Confidence: 3.6% (October) vs 2.5%

GBP/USD: stuck around ‘stop city’ and 1.32 the figure

Currently, GBP/USD is trading at 1.3201, down -0.01% on the day, having posted a daily high at 1.3209 and low at 1.3200. GBP/USD opened Asia at 1.3143, while it was bid on a lower greenback. Then, the pound rallied to a high of 1.3203 on better than expected UK output data with August constructio ...

AUD/USD: bears very stubborn at the 0.78 handle

Currently, AUD/USD is trading at 0.7780, up 0.02% on the day, having posted a daily high at 0.7781 and low at 0.7776. There was a better risk tone across the markets and previous sessions, including Monday's Asian session where risk assets were generally buoyant and sparked some carry trad ...

Brazil stocks higher at close of trade; Bovespa up 1.55%

Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Consumption, Financials and Industrials sectors led shares higher. At the close in Sao Paulo, the Bovespa rose 1.55%. The best performers of the session on the Bovespa were Metalurgica Gerdau SA (SA:GOAU4), which ...

Yen Gains Slightly In Early Asia Ahead Of Machinery Orders, EUR/USD Up

Investing.com - The yen gained against the dollar in early Asia on Wednesday ahead of machinery orders data as EUR/USD inched up as Catalonia's president Carles Puigdemont fell short of declaring independence from Spain. In Japan, core machinery order are due for August with a 1.1% gain expected o ...

Peru stocks lower at close of trade; S&P Lima General down 0.40%

Investing.com – Peru stocks were lower after the close on Tuesday, as losses in the Industrials, Non-Metal Minerals and Banking&Financials sectors led shares lower. At the close in Lima, the S&P Lima General declined 0.40%. The best performers of the session on the S&P Lima General were ...

Spain’s Deputy PM: Puigdemont has plunged Catalonia into uncertainty

María Soraya Sáenz de Santamaría Antón, Deputy Prime Minister of Spain, recently crossed the wires saying that Catalan leader Puigdemont has plunged Catalonia into uncertainty. Key quotes (via Bloomberg): Rajoy will study next steps at cabinet meeting Rajoy i ...

Wall Street eases off record peaks, closes day modestly higher

Major equity indexes in the U.S. started the day higher and surged to fresh record peaks before in the first trading hours of the session before going into a consolidation phase. Despite the uncertainty surrounding the Trump administration's tax-reform and the never-endin ...

Mexico stocks lower at close of trade; IPC down 0.18%

Investing.com – Mexico stocks were lower after the close on Tuesday, as losses in the Consumer Goods&Services, Industrials and Consumer Staples sectors led shares lower. At the close in Mexico, the IPC lost 0.18%. The best performers of the session on the IPC were Nemak SAB de CV (MX:NEMAKA), ...