Regional stock markets are around 1% higher on average, Gold is at $1663/oz and Oil is trading at $101.40/bbl.
We’ve had a reasonably busy FX week so far in Asia but it looks like we are back to normal today, with most of the majors trading in fairly tight 30 pip ranges. Both the NZD and AUD have had brief sell-offs on the back of CPI and jobs data respectively, but Asia doesn’t seem to have a big interest to sell! They want to buy!
10 pips in USD/JPY, 17 pips in cable; yep that’s normal unfortunately.
