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CHINA PRESS

China Needs Not to Take G7 Seriously: Times

CHINA PRESS

PBOC May Boost Net Injection by MLF: Journal

KRW

Runs In To 50-DMA

CHINA PRESS

Yuan Faces Stronger Depreciation in H2: News

SGD

MAS Survey Predicts Faster Growth

KIWI
KIWI: NZD/USD has slipped 9 pips and last deals at $0.6740 after closing 27 pips
lower yesterday. In yesterday's Asia-Pac session kiwi came under pressure from a
soft NZ labour mkt data release in the NY/Asia crossover. Subsequent recovery
was capped by comments from U.S. top econ adviser Kudlow, who played down the
prospect of a Sino-U.S. trade deal in the near future. U.S. President Trump
later noted that he will not be meeting Chinese counterpart Xi ahead of the
March 1 tariff deadline. 
- $0.6724, which represents the 100-DMA, provides the initial bearish target and
a break below would bring the Jan 22 low of $0.6707 into play. Meanwhile, bulls
need to clear the 200-DMA at $0.6757, which would allow them to set their sights
on yesterday's high of $0.6778. 
- NZ focus next week will fall on the first RBNZ MonPol decision of 2019 & the
accompanying press conference with RBNZ Gov Orr on Wednesday.