What’s In Store For Today: Apples Gone Rotten

  • New Zealand trade balance (survey -850m, prior -789m) @ 21:45 GMT.
  • Japan Tokyo Core CPI y/y (survey -0.5%, prior -0.4%) @ 23:30 GMT.
  • Japan National Core CPI /y (survey -0.2%, prior -0.3%) @ 23:30 GMT.
  • New Zealand Business confidence (prior 17.0)@ 00:00 GMT.

RBNZ’s Wheeler reverses course and goes slightly dovish sending the kiwi lower. With both Apple and Amazon both disappointing, we are in for a ‘risk off’ tone for the session. Stop hunts below in the euro and the commodity currencies will come into play later.

Good luck today.

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