Market News
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Japanese Yen bulls seem hesitant amid fiscal woes, wide US-Japan rate gap
The USD/JPY pair holds steady below the 160.00 psychological mark during the Asian session on Tuesday and remains close to a one-month peak, which was retested the previous day.
Australia Current Account Balance registered at -27.22B above expectations (-30B) in 2Q
Australia Current Account Balance registered at -27.22B above expectations (-30B) in 2Q
51.5: China’s RatingDog Manufacturing PMI climbs in August
China's RatingDog Manufacturing Purchasing Managers' Index (PMI) climbed to 51.5 in August from 50.9 in July the latest data published by RatingDog showed on Tuesday. The market forecast was for a 50.9 reading.
Australia Building Permits (YoY) rose from previous 8.9%Â to 9% in July
Australia Building Permits (YoY) rose from previous 8.9%Â to 9% in July
China RatingDog Manufacturing PMI came in at 51.5, above expectations (50.9) in August
China RatingDog Manufacturing PMI came in at 51.5, above expectations (50.9) in August
Australia Building Permits (MoM) above expectations (-4.8%) in July: Actual (-3.6%)
Australia Building Permits (MoM) above expectations (-4.8%) in July: Actual (-3.6%)
PBOC sets USD/CNY reference rate at 6.7809 vs. 6.7828 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7809 compared to the previous day's fix of 6.7828 and 6.7170 Reuters estimate.
Canadian Dollar consolidates vs USD as rising oil prices and Fed hike bets clash
The USD/CAD pair is hovering around mid-1.3800s during the Asian session on Tuesday, though the lack of follow-through selling warrants caution before positioning for an extension of the previous day's retracement slide from an over two-week top.
WTI holds above $85.50 as Middle East risks tighten global supply
West Texas Intermediate (WTI) oil price gains ground for the second successive day, trading around $85.60 per barrel during the Asian hours on Tuesday.
Euro holds gains above 1.1600 ahead of Eurozone HICP inflation data
The EUR/USD pair trades with mild gains around 1.1620 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the Euro (EUR) despite a hawkish Jackson Hole speech from Federal Reserve (Fed) Chair Kevin Warsh.
Japan Jibun Bank Manufacturing PMI registered at 54.9, below expectations (55.1) in August
Japan Jibun Bank Manufacturing PMI registered at 54.9, below expectations (55.1) in August
South Korea S&P Global Manufacturing PMI: 52.3 (August) vs previous 53.1
South Korea S&P Global Manufacturing PMI: 52.3 (August) vs previous 53.1
South Korea Trade Balance came in at $34.75B, above expectations ($30.7B) in August
South Korea Trade Balance came in at $34.75B, above expectations ($30.7B) in August