Westpac with a 1 to 3 month outlook for the AUD TL;DR is: More: The Aussie underperformed in the weeks of broad US dollar strength following the FOMC and ECB mid-June meetings but so far in July it has been near the middle of the G10 pack.
NZ inflation data for the second quarter of 2018 0.4 % q/q – expected 0.5% q/q, prior 0.5% 1.5 % y/y – expected 1.6% y/y, prior 1.1% OK, so a lower than expected result for the headline data. NZD dipping a few points.
GBP risks lie ahead 0800 GMT – BOE governor Mark Carney testifies in Hampshire Carney will be alongside Cunliffe and they’ll both be testifying on the Financial Stability Report before the Treasury committee. Given the report, it’s not expected that they will touch too much on monetary policy – if at all – but with…
I can’t believe they didn’t post it to the , but there you go Trade ideas Thread Headlines via Bloomberg … I’ll check out if there is much further detail/elaboration
NZD/USD a first mover! Surging on the RBNZ inflation data at its fastest pace in 7 years AUD and CAD both higher alongside now. There had been notable AUD/NZD offers following the much earlier but they have backed off somewhat, helping AUD to gain for the session
We are awaiting the inflation data from NZ for Q2, due at 2245GMT This data from the Real Estate Institute of New Zealand (REINZ) – June home sales -1.6% y/y NZD unmoving – it doesn’t usually on this data point
Forex and Bitcoin news for Asia trading Tuesday 17 July 2018 Early in the Asia session we got New Zealand inflation data for Q2 of 2018. It came in just a touch below expected but nevertheless the y/y was up on Q1. NZD/USD was marked down a few points but quickly came back to where…
Some UK politics related to Brexit (what else?). Amendments to the Taxation (Cross-Border Trade) Bill In effect the bill: – No Northern Ireland customs border This was a 4 part amendment, passed with government support.
More a heads up than a preview, this via Nomura: We expect China’s real GDP growth to slow in Q2 after staying stable for the past three quarters We expect industrial production growth to moderate further to 6.6% y-o-y in June.
A sharp slowing for the reading from the NZ Performance of Services Index in the month – Down 4.5 points from May …. Ok down 4.3 points ’cause May revised to 57.1