Economic News Category

QUICK MARKET WRAP 14th JUNE Major FX traded during a subdued fashion during the opening session to the week here in Asia. USD/JPY tested towards its US (Friday) high above 109.80 but thus far has not carried on higher from there. EUR, CHF, GBP, AUD, NZD, CAD are all little changed from their late Friday

HIGHLIGHT OF THE DAY   Fresh news flow of any interest to FX was non-existent. the sole item that perhaps could have caused a stir, but didn’t, was that a gaggle folks senators (bipartisan) had reached an agreement on a US$1.2tln infrastructure package and the way to buy it. there’s still negotiation to be done

Quick Market Wrap It’s been a day of small ranges across major forex pairs with a mixed performance against the Dollar. The EURUSD is a few pips higher, As is GBPUSD, while a change has been seen in AUD and NZD so far this session. USDJPY is fewer points lower. Still to come, Bank of

INTRADAY MARKET UPDATE Draft of Japan fiscal repair ‘blueprint’ says finances in ‘dire straits’ US President Biden will speak on the May NFP Friday at 1415 GMT More Australian analysts change their RBA forecasts, ANZ says the Bank to move to ‘flexible’ QE Australia finance commitments for housing, April +3.7% m/m Analysts are evenly split

It’s a quieter day ahead on the European economic data, following Tuesday’s data dump. The German economy is back in focus, with retail sales for April due out. The Markets will be looking for a further pickup in spending to support the economic outlook. From the U.S there are no material stats to provide direction