New Zealand September trade balance data. Trade balance, -1350m expected -625m, prior was -472m Exports, 3.61bn expected 3.50bn, prior was 3.52bn Imports, 4.97bn expected 4.20bn, prior was 4.00bn – New Zealand hoovering in the imports! From Statistics New Zealand (bolding … Continue reading
From Bloomberg: New York City police are being issued hand-held devices connected to crime and terrorism databases under a program funded in part by the $8.83 billion legal settlement with France’s BNP Paribas which this year pleaded guilty to violating … Continue reading
A report in the the Financial Times (gated, but can be read with a free registration): EU tells Britain to pay extra €2.1bn Britain has been told to pay an extra €2.1bn to the EU budget within weeks on account … Continue reading
Bloomberg reports that “according to a person with knowledge of the matter”, Ireland’s smallest state-owned bank, Permanent TSB, failed European Central Bank stress tests under the adverse scenario being assessed by regulators The report goes on to say: The bank … Continue reading
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Due at 2145GMT from New Zealand is the September trade balance data. Trade balance, expected is -625m, prior was -472m Exports, expected is 3.50bn, prior was 3.52bn Imports, expected is 4.20bn, prior was 4.00bn For the NZD/USd – 0.7875 is … Continue reading
Ryan had the story in the Wall Street Journal overnight here: Bank of Japan sees greater risk of inflation falling below 1% – WSJ: BOJ now sees a much bigger possibility of inflation slipping below 1%, pushed down by falling … Continue reading
Forex news for Asia trading Thursday 23 October 2014 New Zealand inflation data: CPI for Q3 +0.3% q/q (vs. +0.5% q/q expected), prompting ANZ (and others) to say the next rate hike from the RBNZ is not until December 2015 … Continue reading
IMF official: Japan should go ahead with next sales tax hike to maintain credibility of fiscal framework Headlines via Reuters – Headline only at this stage. More details to come, if I don’t fall asleep due to boredom first.
Man pretended to be in a coma for 2 years to avoid court – What’s the Asian timezone FX market’s excuse?