What's coming up
This week trading in Asia-Pacific hours hasn't offered much in the way of hints about what was coming in North American markets. Gains in China and better risk appetite early in the day hasn't held up at all.
Still, currencies haven't been particularly hard hit. The New Zealand dollars is comfortably above the October lows and the Canadian dollar is stuck to 1.30.
The kiwi will be the early focus of trading with the September trade balance report due at 2145 GMT. The consensus is for a 1.365 billion deficit, an improvement on the 1.484m shortfall in August.
A speech to watch comes at 2300 GMT when the Fed's Brainard speaks. The topic is economic and financial literacy so it's likely to be a dud but Brainard isn't shy about speaking about the outlook so stay tuned.
The lone Japanese event to watch is the 2350 GMT release of the services PPI report for September. The consensus is +1.2% y/y.
For more, see the economic calendar.
