Japanese foreign minister Taro Kono speaks in Tokyo Do note that Japan and China are holding bilateral economic talks for the first time in eight years today.
Q1 consumer spending data has been abysmal in the UK This morning’s Visa underscores that headline. It’s something that I’ve been talking about for months now, the last of which was last month .
The UK Telegraph has a piece up over the weekend on the CNY and a potential devaluation from the PBOC Note that it only cites analysts, it does not purport to offer any inside ‘sources’ and such on thinking at the People’s Bank of China. The and is a good background read on the CNY,
The current exchange rate of words to pictures is 1,000, or so the saying goes I posted early prices, well, earlier: Monday opening FX rates – foreign exchange prices, early indications
U.S. Ambassador to the United Nations Nikki Haley said on Sunday there will be added sanction on Russia Treasury Secretary Steven Mnuchin “will be announcing those on Monday, if he hasn’t already, and they will go directly to any sort of companies that were dealing with equipment related to Assad and chemical weapons use”
A light calendar today for data in the Asian time zone, none of this lot should be of too much impact on the FX upon release. 2230 GMT – New Zealand – Services PMI for March
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CBA morning commentary on the Australian dollar AUD/USD is trading firmly around 0.7770 Encouraging Chinese economic activity and constructive Australian March employment conditions will underpin a firmer AUD
on a piece on Japanese weekly magazine Aera’s online site Reuters report Quote from former Japan PM Koizumi More: – Abe is being dogged by suspected cronyism scandals and cover-ups Earlier:
Card payments company Visa on UK consumer spending Inflation-adjusted consumer spending in the three month to the end of March -1.4% y/y – the previous quarter -1.3% Spending in March alone