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Netherlands, The Consumer Price Index n.s.a (YoY) meets expectations (3.3%) in August
Netherlands, The Consumer Price Index n.s.a (YoY) meets expectations (3.3%) in August
RBA’s Hunter: Housing market crucial transition channel for monetary policy
Reserve Bank of Australia (RBA) Assistant Governor Hunter said on Tuesday that the housing market is an important transition mechanism for monetary policy. Hunter added that the central bank is looking to cool things off in both the housing market and the broader economy.
Indonesia Foreign Reserves: $146.5 (July) vs $145.3
Indonesia Foreign Reserves: $146.5 (July) vs $145.3
Iran warns economic warfare will be met by maritime exclusion zone
Secretary of Iran's Supreme National Security Council, Mohsen Rezaei, warned on Tuesday that Tehran would respond to what it calls US "economic warfare" by imposing a maritime exclusion zone across the Persian Gulf.
Australian Dollar remains steady following China’s Trade Balance data
AUD/USD halts its four-day winning streak, trading around 0.7210 during Asian hours on Tuesday. The pair holds ground following the release Trade Balance data from China, Australia’s close trading partner.
China’s August Trade Balance: Surplus widens to $119.09 billion as expected
China's Trade Balance for August, in US Dollar (USD) terms, arrives at $119.09 billion, almost in line with $119.1 billion estimates, but higher than the July reading of $112.5 billion.
China Trade Balance USD came in at $119.09B, below expectations ($119.1B) in August
China Trade Balance USD came in at $119.09B, below expectations ($119.1B) in August
China Imports (YoY) came in at 28.2% below forecasts (30%) in August
China Imports (YoY) came in at 28.2% below forecasts (30%) in August
China Exports (YoY) in line with forecasts (25%) in August
China Exports (YoY) in line with forecasts (25%) in August
China Trade Balance CNY above forecasts (795B) in August: Actual (809.3B)
China Trade Balance CNY above forecasts (795B) in August: Actual (809.3B)
China Exports (YoY) CNY: 18.6% (August) vs 17.8%
China Exports (YoY) CNY: 18.6% (August) vs 17.8%
US Dollar Index (DXY) struggles below 99.00, two-week low as traders eye US inflation data
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, remains under some selling pressure for the second straight day and drops to an over two-week low during the Asian session on Tuesday.
Canadian Dollar gains as US Dollar struggles despite rising Fed rate hike bets
USD/CAD extends its losses for the second successive day, trading around 1.3800 during the Asian hours on Tuesday. Analysts at HSBC caution that, despite the recent improvement in sentiment around the Fed’s anti-inflation stance, broader structural issues have not disappeared.