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Market News Topics
December 11, 2018 04:46 GMT
Today's Asia-Pacific session was quite........>
FOREX
FOREX: Today's Asia-Pacific session was quite sedate & saw JPY sit atop the G10
pile, aided by the Nikkei 225 & U.S. equity index futures edging lower. USD/JPY
registered lows just a pip above the key Y113.00 level, as the greenback
struggled .
- The Antipodeans found support in a MOFCOM statement noting that U.S. Tsy Sec
Mnuchin, U.S. Trade Rep Lighthizer & China's VP Liu spoke by phone and
"exchanged views on pushing forward timetable & the roadmap for next stage of
trade talks."
- Sterling consolidated after yesterday's slump on the back of PM May's decision
to postpone parliament's vote on her Brexit deal, originally scheduled for
today.
- INR generated some attention, following the resignation of RBI Gov. Patel
after hours on Monday, with rumoured intervention to stem the INR's fall noted.
- Focus today turns to UK jobs data, German ZEW and US & PPI data. The speaker
slate is light ahead of various MonPol decisions over the next week or so, but
RBNZ Gov Orr will appear in front of the lawmakers in early NZ hours Wednesday.
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