Japan’s20-year govt bonds slipping to lowest price since early December
– 20-yearJGB yield down haf a basis point to 0.353%
– lowest since 8 Dec 2016
– prices getting a lift from firmer US treasuries as well as solid demand at liquidity boosting aucti…
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Economic data risk coming up in this session 24 Aug
Greetings one and all
How’s your week gone so far ?
Data wise today we’ve got the latest UK Q2 GDP reading as the morning’s highlight then US weekly jobless and housing d…
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EUR/USD is drifting higher, but in a relatively narrow range. Has it gone too far? Here is the view from Barclays: Here is their view, courtesy of eFXnews: Barclays Capital FX Strategy Research argues that EUR/USD has likely overshot and expects monetary policy divergence to remain an important element for a tactical retracement. Barclays also notes […]
The post EUR/USD: Overshoot; Technicals Point To A Tactical Retracement; Levels & Targets – Barclays appeared first on Forex Crunch.
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Forex news for Asia trading Thursday 24 August 2017
USD/JPY a mover in Asia today; after early session lows under 108.90 it popped 30 odd points to above 109.20. News and data flow was very, very light indeed, I’m nominating this as a potential USD pos…
The latest from Moody’s on Australia, Headlines via Reuters:
Aside from the credit questions this: “very high, rising household indebtedness”
is a concern for the RBA insofar as it is weighing on household spending and therefore, perhaps, economic growth.
The post Moody’s: Australian covered bond credit quality robust despite housing market risks appeared first on Forex news forex trade.
From ANZ’s weekly look at rates markets, this quick snippet on the Australian economy:
A lack of major domestic data means the landscape is little changed
The post ANZ on Australia & the factors doing little to help lift consumer attitudes app…
BEIJING: China’s President Xi Jinping pledged to make concerted efforts with South Korea’s President Moon Jae-in to address differences between the two countries properly, the official Xinhua news agency said on Thursday.
“Xi made the remarks in a congratulatory message sent to Moon on the 25th anniversary of the establishment of China-South Korea diplomatic relations,” Xinhua said.
Development of China-South Korea relations makes a positive contribution to regional peace and development, Xinhua cited Xi as saying. The news agency did not provide further details.
South Korea and the United States agreed to deploy the Terminal High-Altitude Area Defense anti-missile system in response to the growing missile threat from North Korea.
However, the move has angered China, which says the system’s powerful radar will look deep into its territory and undermine regional security.
China has pressured South Korean businesses through boycotts and bans, such as ending Chinese group tours to South Korea and closing most of South Korean conglomerate Lotte Group’s Lotte Mart retail stores in China.
Moon has also pushed China, North Korea’s most important ally and trading partner, to do more to rein in Pyongyang’s missile and nuclear weapons programs.
North Korea has conducted two nuclear tests and dozens of missile tests since the beginning of last year, significantly raising tension on the heavily militarised Korean peninsula and in defiance of UN Security Council resolutions. Two intercontinental ballistic missile tests in July resulted in a new round of tougher global sanctions.
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Ministry comments crossing wires:
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I’ll post the Asia session wrap a little later, but Reuters are on it already:
– The dollar inched higher on Thursday, paring some of the losses it suffered after U.S. President Donald Trump suggested a shutdown of the government was possible…
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