Tuesday's Asia-Pacific session saw......>

AUSSIE-KIWI: Tuesday's Asia-Pacific session saw AUD/NZD edge lower from off,

before extending losses post-Tokyo fix, as the RBA released the minutes from its

latest MonPol meeting. The document revealed that the Board discussed the

possibility of a rate cut, which was read as a marginally dovish signal. The

pair then bounced from lows, as RBNZ Gov Orr told RTRS that the central bank's

recent easing bias remains in place, with the Bank watching econ data (this

echoed Orr's remarks from last week). However, a pullback towards the intraday

low of NZ$1.0572 followed promptly. A recovery through the London & NY sessions

was likely accelerated by a decline in whole milk powder prices at the latest

GDT auction, but the pair eased off into the close, finishing barely changed.

- AUD/NZD last seen at NZ$1.0593, 17 pips worse off. Bears look to NZ$1.0581-82,

which limited losses on Apr 11-15, before challenging the aforementioned

Tuesday's low. Should the rate reclaim its Monday's monthly high of NZ$1.0633,

bulls would target the Jan 21 YTD peak at NZ$1.0670.

- All eyes are on NZ CPI figures, due in 10 minutes' time. The RBNZ's sectoral

inflation model comes out at 0400BST, an hour after a batch of Chinese data.