Forex news for Asia trading Friday 17 March 2017
- The latest from the PBOC on Bitcoin ... BTC exchanges to need client names
- SWIFT cuts off remaining North Korean banks
- Aussie news - Westpac Bank has raised its mortgage rates too
- "Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel"
- How much does news impact the stock market?
- GBP gains are likely to fade near term, levels to watch from Citi T/A
- This is a big deal ... China to allow investors to buy mainland bonds in HK
- PBOC sets USD/CNY reference rate for today at 6.8873 (vs. yesterday at 6.8862)
- Another Federal Reserve rate hike path survey: 94% expect 2+ hikes in 2017
- All the China rate hikes in one spot (recap/summary)
- New Zealand ANZ Consumer Confidence (March) : -1.7% m/m (prior -1%)
- FOMC responses, more: Goldman Sachs says not the outcome FOMC wanted
- Responses to the FOMC hike continue to pour in ... RBC says dots hawkish
- Here's the PIMCO adviser’s ‘Trade of a Decade’
- Meeting of G20 finance ministers and central bank governors - draft complete!
- AUD and NZD orderboards
- Japan press: BOJ remains "among the few remaining advocates of easy money"
- New Zealand - BusinessNZ Manufacturing PMI (February): 55.2 (prior 51.6)
- Aussie press - here comes "a wave of interest rate hikes"
- Trade ideas thread: Friday 17 March 2017 (sry, drinking Guinness is not a trade idea)
- Scoop - here is why markets will be green today
- So, is the Chilean central bank a leading indicator or a lagging one? Cuts rates
- Economic data due from Asia today - a light one
- BoE's Forbes in the UK press: "Headline inflation is picking up sharply"
ICYMI: Forexlive America FX news wrap. BOE surprises with more hawkish statement
A subdued range session for forex in Asia today.
News flow was pretty much nothing, and data was limited also (a couple of lower-tier items from New Zealand, see bullets above).
Yen weakened a little, USD/JPY gaining towards 113.50 (not quite managing it though). Yen crosses were dragged up a little alongside.
EUR/USD, USD/CHF and GBP/USD are all very little changed on the session. There isn't much in AUD nor NZD either, both confined to small ranges and little net changed on the session.
Gold, oil ... well ditto.
Regional equities:
- Nikkei -0.31%
- Shanghai -0.24%
- HK +0.29%
- ASX +0.49%