USD is firmer across the board in early trading. Much like yesterday's session, USD/JPY remains a key driver of broader sentiment. The pair is back to 144.20/35, down slightly from earlier highs, but still +0.30% on NY closing levels. Dips sub 144.00 appear supported for now.
- We have seen spill over to the rest of the G10 complex, EUR is back below parity (last 0.9995).
- US equity futures have drifted back to slightly negative for the session, after opening +0.10%/0.20% higher.
- AUD (0.6750/55) and NZD (0.6060/65) are both down 0.25%. NZ Q2 manufacturing activity was weaker in the quarter (-4.9%, versus -3.4% in Q1).
- Coming up shortly is a host of Japan data, headlined by Q2 GDP revisions. Later, Australian trade data for July prints, then RBA Governor Lowe speaks.