Forex news for Asia trading Friday 17 July 2015
- China Securities Finance Corp. margin lender borrows 1.3tln yuan from banks
- Well, that was quick. Iranian supertanker with 2mln bbls of oil is heading to Asia
- Credit Suisse says China's "triple bubble" the single biggest risk to the global economy
- ForexLive special announcement! Stay tuned - coming up at 0845ET Friday!
- Australia - Conference Board Leading Index +0.2%
- Japan press - Japan to set aside $32bn for growth measures in next yr budget
- Taking a lesson from Soros: Bear gets busy ... makes off with 38 big ones!
- IMF's Lagarde: Grexit plan has been taken off the table
- OZ press: RBA's Edwards on AUD: "I certainly think we've room to move lower"
- New Zealand - ANZ June Job ads -0.6% m/m (prior -0.6%)
- Can Google searches indicate inflation expectations in Japan?
- German Conservatives vote in favour of starting more Greek bailout talks
- Trade ideas thread for Friday 17 July 2015
- The FT gets interpretive with Carney headline
- ECB's Nowotny: Greek haircut poses legal problems
A subdued session in Asia today, with Singapore off on holiday (and, for your diary, Japan has a holiday on Monday) and a lack of newsflow.
We had some small moves, though.
NZD/USD gained nearly 50 points from its early session lows, 0.6500 holding it yet again. AUD didn't do a great deal, some AUD/NZD selling after its good run higher keeping AUD/USD in a tight 20 or so point session range.
Cable had a pop, from around 1.5610 (session lows were around 1.5605) it gained toward 1.5640 and has stabilised. No new news about to drive the pop. The USD weakened against the CHF, yen and EUR , but the point moves were not quite as large as against the GBP.
As noted in the headline, Chinese stocks had a positive morning.
Oil is more or less unchanged on the session; it had a small move higher but has since retrace it all. Gold is down about a dollar or so.
Still to come!
- Coming up in Europe and the US on Friday
