ForexLive Asia FX news: Equities lower, currencies subdued

Forex news for Asia trading Monday 12 September 2016

Australian press reports Hillary Clinton has cancelled California trip
BoA / Merrill Lynch see a big hurdle for future the RBA easing
A wealth of common sense: Survivorship bias explained
The more that Federal Reserve officials speak, the more confused investors become
Australian data - July Credit card purchases & balances
Gold lower, Federal Reserve rate hike fears playing on the market
People’s Bank of China sets yuan reference rate at 6.6908 (vs. yesterday at 6.6684)
China property market headlines in the press: "irrational increases in leverage"
Oil: Inventory rebound expected this week, weekend comments and more
Japan data (July) Machine Orders: +4.9% m/m (expected at -2.9%)
British Chambers of Commerce lowers GDP forecast for the UK after Brexit vote
Hillary Clinton feels unwell, make global headlines
Germany's contribution to EU budget, big jump coming after Brexit
Trade ideas thread - welcome to the new forex week, Monday 12 September 2016
Weekend UK press: BoE's Haldane says no to negative interest rates
Weekend: Algeria's energy minister says consensus about need to stabilise oil market
Bank of Japan monetary policy decision making becoming more transparent?
Monday opening FX - 12 September 2016 - forex prices, early indications

Weekend:

Here are the voting members of the FOMC and their latest speeches
Did the GBP pain trade run its course? - Credit Agricole
We shall never forget what happened on this day 15 years ago
PM Tsipras says Greece should have had QE access by now
Webinar coming up: Ashraf Laidi joins us to talk FOMC strategy
Casino vs. Insurance - Who trades it better?
PM Tsipras says Greek economic recovery shouldn't be left on autopilot
EU needs to prepare itself for a lengthy Brexit process
Germany's Schaeuble says everything must be done to stabilise EU
Fed's Kaplan: Progress toward full employment, lagging on meeting inflation target
Japan press: BOJ has signalled it will consider changing its methods

Continuation moves in Asia with Friday's equity market sell off continuing into the new week starting here today. Gold was a little softer also, and oil slipped.

AUD/USD traded net lower, but as with other currencies the range was not large. NZD/USD made its way higher but has since given the gain back to be a little lower net on the session.

USD/JPY traded down initially but reversed, its a fraction lower than the Friday closing area as I update. EUR/USD is a few tics up, as is USD/CHF. Cable is barely changed.

There was little in the way of impacting news nor data flow; Japanese machinery orders beat expectations, but PPI missed.

Devaluations pressures persist for the yuan, with the RMB basket set lower on Friday; against the USD today it copped a huge pounding from the PBOC. Speculators wanting to pile into short CNH are being tested, with overnight yuan rates in Hong Kong at a 7 month high again today.

Hillary Clinton is in the news, she has apparently been diagnosed with pneumonia. Chuck Berry has the cure if you're Rockin' pneumonia, you need a shot of Rhythm and Blues:

Regional equities are, of course, lower: