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Tuesday, September 17, 2024

Asia Market Movers: New Zealand Treasury see more positive data, but no firm sign of a recovery just yet

New Zealand Treasury see more positive data, but no firm sign of a recovery just yet

New Zealand Treasury report, in summary: Indicators for June quarter GDP point to a drop in economic activity. We anticipate the economy contracted by 0.4% in the quarter, down from a forecast of 0.2%... 

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ForexLive Asia-Pacific FX news wrap: Yen volatility again

More from Japan Finance Minister Suzuki - analysing the impact of the strengthening yen BlackRock is wary on Chinese equities - measured policy support is not enough UBS says a Fed rate cut is 'long o... 

More from Japan Finance Minister Suzuki - analysing the impact of the strengthening yen

Comments from Suzuki are here from earlier: Japan finance minister Suzuki says rapid FX moves are undesirable Reuters adds a little more: government will continue to analyse the impact of the strength... 

BlackRock is wary on Chinese equities - measured policy support is not enough

Blackrock comments on China echoing broader market views: The People's Bank of China has been cutting rates but it's not in the same boat as the Fed. It's facing weak consumer demand, excess productio... 

UBS says a Fed rate cut is 'long overdue', but a 50bp cut might be taken as panic

UBS make the case that a Fed rate cut is anticipated, and has been for some time, given the ongoing decline in inflation pressures in the US. However, say analysts at the bank, a reduction of more tha... 

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Latest Forex Orders

FX option expiries for 16 September 10am New York cut

There aren't really any to take note of on the day. As such, trading sentiment will rely more on the positioning flows in the run up to the FOMC meeting later in the week. The dollar is under pressure... 

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