Forex trading headlines for Asia Friday 15 August 2014
- Malaki steps down as Iraq Prime Minister
- Yellen to speak at Jackson Hole August 22
- Lipper: High-yield bond funds attract $680 mln inflows
- New Zealand – Confidence in the housing market is at its lowest point since 2007, says ASB
- Meanwhile in Ukraine … press reports of “Russian military vehicles enter Ukraine”
- Japan 10yr yield falls below 0.50% – lowest level in 16 months
- Japan economy minister Amari: Too early to say Japan out of deflation
- Japan finance minister Aso: Will closely watch eco data July-September before deciding re sales tax
- Coming up in Europe time on Friday – sovereign ratings updates from Fitch
- European Central Bank President Mario Draghi to speak at Jackson Hole August 22 at 14:30 ET
EUR, GBP, Yen, CHF … all were stuck in sideways tight ranges today during the session.
AUD, NZD and CAD had a little more activity, but not much.
USD/CAD drifted off about 10 points from session highs.
AUD gained less than 10 points from session lows. NZD/USD ground its way lower, losing about 25 points into the NZ lunchtime before coming back 15-odd points to settle around 0.8480/85.
Gold was more or less flat.
Oil gained a little from early in the session in a quiet but sustained gain of about 40 cents.
Asian equity markets had a positive session (as of writing) except for a small dip in Tokyo.
