With the big overnight move in GBP (and EUR/USD lost some ground too) the move in USD/JPY has probably been overlooked But, it went pretty much according to plan after I popped up some of the whispers I was getting yesterday:
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China Securities Journal (front page commentary) says China should expand two-way capital market opening – should encourage more overseas firms to list A shares
ForexLive European session welcome Good morning/afternoon/evening ForexLive. While it’s not as significant now that the Fed is set in their ways, the release is still likely to provide traders some volatility to end the week on.
This is the Australian Industry Group (AiG) Performance of Services Index for July Or, lack of performance is probably a better name for it this month.
Forex and Bitcoin news for Asia trading Friday 3 August 2018 Currency ranges were disappointing in Asia apart from the yuan which did the rock thing (drop like a). The People’s Bank of China set a lower reference rate for the onshore yuan against the USD, taking it back again to May 2017 lows. Offshore…
The focus will be on how the labor market is progressing on Friday morning US time (Will anyone focus on how to spell labour correctly though? 😉 ) Previews:
Retail sales from Australia for June and the quarter came in better than estimates: A few responses coming in now: Westpac via Reuters ForexLive
Prior revised to -1.3% from -1.6% +4.7% y/y (this a 3 month MA basis) from +3.0% in the previous month ANZ comments: – unusually high healthcare ads – labour market resilient On the ‘clouds’, ANZ pointing to activity expectations declining, along with intentions to hire
China’s State Council is a very big deal. Chaired by the Premier, its the cabinet basically. On par with the Communist Party and the PLA Anyway, a statement issued by the Council’s Financial Stability and Development Commission