Trial now
ASIA FX

Peso & Ringgit Buck Regional Trend

SCHATZ TECHS

(Z1) Trend Conditions Still Bearish

BOBL TECHS

(Z1) Fresh Lows

BUND TECHS

(Z1) Resumes Its Downtrend

INDIA

Borrowing Plan Unchanged

JGBS

Soft Cover At 40-Year Auction

KIWI
KIWI: NZD/USD was also weighed on by the increase in U.S.-China trade tensions
and a stronger greenback on Wednesday, last dealing at $0.6755.
- The failure at the 21-DMA ($0.6834) has resulted in a sharp sell-off and focus
back on the $0.6674-0.6741 region where the 2018 lows are situated. Bears now
look for a close at fresh 2018 lows to shift focus to the weekly bear channel
base coming in around $0.6577 today. Daily studies are well placed for a fresh
leg lower. Bulls now need a close above the July 10 low ($0.6804) to gain
breathing room.
- There is little in the way of New Zealand tier one data apparent during the
remainder of the week, so focus is likely to remain on global risk appetite
ahead of next week's Q2 CPI release.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com