Forex news for Asia trading on Friday 13 August 2021
- Fitch says an RBNZ rate hike may be positive for bank profitability
- Coronavirus - Australian internal border control hardens further
- Data due from the US Friday 13 August - University of Michigan Consumer Sentiment
- JP Morgan's Kolanovic has 4 reasons to stay bullish equities (and 2 risks)
- PBOC sets USD/ CNY reference rate for today at 6.4799 (vs. yesterday at 6.4754)
- Australia coronavirus - NSW state records 390 new cases of COVID-19 infection
- Head of the WHO team investigating COVID-19 origins in Wuhan wants to take a closer look at the lab
- Coronavirus - South Korea's Premier ask people not to travel this weekend
- Poll shows majority of economists expect a Fed taper announcement in September
- ICYMI - a worker infected at the world's third-busiest container port, China
- CAD heads up - expectations of a Canada election centre on September 20
- Asia next week - highlights include China 'activity data' for August and the RBNZ monetary policy decision
- NZ data - BusinessNZ manufacturing PMI for July: 62.6 (prior 60.7)
- The oil demand tug-of-war continues
- Goldman Sachs likes vaccine FX vs. yen
- Coronavirus - Moderna says its vaccine effective against variants for 6 months
- South Korean export prices rose in July for the eighth straight month
- Coronavirus - Australia to remain closed for four to five years
- Trade ideas thread - Friday 13 August 2021
- Disney earnings/revenues beat expectations
- S&P/Dow closes at a record level. NASDAQ breaks two day slide
It was a small range session for major FX here in Asia on the 13th. The USD weakened just slightly with a marginal gain for EUR, AUD, NZD, GBP. Yen, CHF and CAD are probably characterised better as unchanged but there isn't much in it.
Regional equities here have generally softened, but its mixed, despite the record high finishes on Wall Street Thursday. Japan and HK are down a touch while the Shanghai Comp is a touch higher.
Gold inched a little to the better:
