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Slow Start To Asia-Pac Trade Ahead Of Key Inflation Reports

FOREX

Volatility across G10 FX space has been subdued in early Asia-Pac trade amid the absence of notable catalysts. Comments from Fed's Bostic provided little in the way of fresh insights. The yen has taken a narrow lead, while the kiwi lags behind.

  • Offshore yuan has edged lower ahead of domestic inflation data & PBOC fix. Spot USD/CNH sits ~40 pips lower on the day, still comfortably within yesterday's range.
  • Inflation reports from China, Germany and the U.S. take focus from here. The central bank speaker slate abounds with ECB members.

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