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  • Asia equity markets began a holiday-quietened week mostly positive. Japan away from market
  • FX markets saw a quiet start to the week amid a sparse overnight calendar and light weekend newsflow
  • Looking ahead, today sees a lack of tier 1 highlights

ASIA

Asia equity markets began a...
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Key Events

 

Monday:

 

Tuesday: UK Inflation (Jan)

 

Wednesday: Japanese GDP (Q4), US CPI (Jan)

 

Thursday: Riksbank MonPol Decision, Australian Labour Market Report (Jan)

 

Friday:

 

North America

 

The US docket centres on Wednesday’s releases. January’s headline CPI is...

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  • Asia stocks traded negative across the board with global sentiment hampered after the return of the market turmoil on Wall St (DJIA -4.2%)
  • In FX markets, price action was relatively muted across the majors which mostly nursed the prior day’s losses against the greenback
  • Looking ahead, highlights include UK production numbers, Canadian jobs and a slew of...
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  • Asian equity markets traded mixed with the region somewhat cautious following the subdued lead from Wall St.
  • In FX, USD held on to the majority of the prior day’s yield-driven gains. RBNZ stood pat on rates and stated that policy will remain accommodative for a considerable period
  • Looking ahead, highlights include the BoE rate...
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RBNZ Monetary Policy Decision & Monetary Policy Statement Due At 20:00 GMT On Wednesday 7th February 2018, Press Conference Due At 21:00 GMT

All of those surveyed expect the Reserve Bank of New Zealand (RBNZ) to stand pat and leave its Official Cash Rate at 1.75%.

Most believe that interim Governor Grant Spencer will act as a placeholder, before Adrian Orr assumes the role in March. As a result, consensus looks for the Reserve Bank to maintain its balanced assessment and to...
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  • Asian equity markets were mostly higher as region attempted to track the rebound on Wall St.
  • FX markets were relatively range-bound overnight with EUR and GBP holding on to recent gains against the USD
  • Looking ahead, highlights include the weekly DoEs and a slew of speakers

ASIA

Asian equity...
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  • Asia stocks continued the global equity sell-off and saw hefty losses across the board, as panic selling rolled over to the region
  • In FX markets, safe-haven currencies were firmer with JPY boosted across the board and USD/JPY now below 109.00
  • Looking ahead, highlights include Canadian trade, APIs, NZ jobs and a slew of...
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  • Major Asian bourses suffered deep losses after Friday’s slump on Wall St as markets re-price expectations for the Fed’s tightening cycle
  • Price action in FX was relatively muted in which most major currencies languished after Friday’s post-NFP losses against the greenback
  • Looking ahead, highlights include Eurozone, UK and US services PMI, ISM non-mfg...
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Key Events

 

Monday: Brexit Negotiations Round Begins

 

Tuesday: RBA Monetary Policy Decision, UK Services PMI (Jan)

 

Wednesday: New Zealand Labour Market Report (Q4)

 

Thursday: BoE Monetary Policy Decision & QIR, RBNZ Monetary Policy Decision, Chinese Trade Balance (Jan)

 

Friday: Canadian Labour Market Report (Jan), RBA Statement on Monetary...

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  • Asia equity markets traded mostly lower. Most major FX pairs were indecisive overnight amid a lack of key data releases and speakers
  • UK PM May advisers are reportedly considering a customs union deal post-Brexit.
  • Looking ahead, highlights include US NFP, Uni. Of Michigan (F), ECB’s Coeure, Fed’s Kaplan and...
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  • FOMC stood pat on rates as expected whilst tweaking its language surrounding inflation (widely-touted)
  • Asian equities mostly higher following a positive close on Wall St. No sustained USD reaction post-FOMC
  • Looking ahead, highlights include Eurozone, UK and US mfg PMIs, US ISM mfg, supply from Spain and France and a slew of...
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  • Asian equity markets initially in the red following the soft lead from Wall St.
  • AUD notably weaker after Australian inflation data falls below expectations.
  • Looking ahead, highlights include EuroZone inflation, German Unemployment, US ADP, Quarterly Refunding Announcement and FOMC rate...
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  • Asian markets traded lower across the board as the selling in US equity futures and retreat from record highs gathered pace overnight
  • UK PM May will reject the EU’s proposed deal on the Brexit transition period and go into battle next week over freedom of movement and so-called “rule taking”
  • Looking ahead, highlights include German regional and nation...
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  • Asia-Pac bourses traded somewhat mixed, as the region failed to maintain the early broad momentum from last Friday’s gains on Wall St.
  • USD strengthened against its major counterparts in which EUR/USD briefly slipped below 1.2400 and AUD/USD gave up the 0.8100 hand
  • Looking ahead, highlights include US personal consumption and...
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Key Events

 

Monday:

 

Tuesday: Eurozone GDP (Q4, P)

 

Wednesday: FOMC MonPol Decision, Canadian GDP (Nov), Eurozone CPI (Jan, P), Australian CPI (Q4)

 

Thursday:

 

Friday: US Labour Market Report (Jan)

 

North America

 

Monday will bring the release of the US PCE price index, alongside the...

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  • Asian equity markets traded mixed with the Nikkei 225 lagging its peers amid a firmer JPY
  • In FX, USD woes persisted in which the DXY slipped to below 90.00 for the first time since late 2014
  • Looking ahead, highlights include Eurozone and US Manufacturing PMI, UK Jobs Report, DoEs and NZ...
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ECB Monetary Policy Decision Due At 12:45 GMT, Press Conference Due At 13:30 GMT

  • Unanimous expectations look for the ECB to leave its tspanee key rates unchanged
  • Focus will fall on what hints/if any Draghi delivers on the future path of the Bank’s PSPP
  • Markets will also be looking out for any potential comments from the ECB President on the ongoing EUR...
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AUDIO NOT AVAILABLE

  • US Senate passes stopgap spending bill to reopen the government
  • Bank of Japan keeps monetary policy instruments unchanged, attention turns to Kuroda
  • Highlights today include German ZEW survey, EU Consumer Confidence and API oil inventories

ASIA

Asia equity markets took impetus from the record levels seen across all major indices on Wall St. and after the US Congress passed the...
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