Singapore’s non-oil domestic exports (September NODX) -4% m/m (expected -2.1%)
<p>Data from Singapore. A big miss on exports.</p><p>September NODX:</p><p>-4.0% m/m </p><ul><li>expected -2.1%, prior -3.9%</li></ul><p>+3.1% y/y</p><ul><li>expected +7.1%, prior +11.4%</li></ul> This article was written by Eamonn Sheridan at forexlive.com.
Read More »Australia September business confidence 5 (vs. prior 10)
<p>From the National Australia Bank Business Survey for September 2022</p><p>Business confidence 5</p><ul><li>prior 10</li></ul><p>Business conditions 25</p><ul><li>prior 22</li></ul><p>The conditions measure is more objective than the sentiment-baed confidence measure. </p><p>NAB comments:</p><ul><li>Conditions are now…
Read More »Australia August exports +3% m/m (prior -9.9%) & imports +4% (+5.2%)
<p>Australian Trade Balance for August is a surplus of A$8.324bn</p><ul><li>expected A$10.0bn, prior A$8.733bn</li></ul><p>Exports +3% m.m</p><ul><li>expected + 2%, prior -9.9%</li></ul><p>Imports+ 4% m/m</p><ul><li>expected -1%, prior +5.2%</li></ul> This article was written by Eamonn…
Read More »Large manufacturers sentiment in Japan has declined for 3 consecutive quarters
<p>The Bank of Japan Tankan survey of manufacturers and non-manufacturers.</p><p>Large manufacturing sentiment has fallen for 3 straight quarters, at it lowest since March of 2021</p><p>Non-manufacturing though hs improved for 2…
Read More »Japan preliminary September PMIs. Manufacturing 51.0 (prior 51.5) Services 51.9 (49.5)
<p>Jibun flash PMIs from Japan for September. </p><p>Manufacturing 51.0 (slowest in 20 months)</p><ul><li>prior 51.5 </li></ul><p>Services 51.9 </p><ul><li>prior 49.5</li></ul><p>Composite 50.9</p><ul><li>prior 49.4</li></ul> This article was written by Eamonn Sheridan at forexlive.com.
Read More »South Korea warns it will proactively respond to herd like behaviours in the FX markets
<p>South Korea's Finance Minister with the forex intervention threat. </p><p>It comes as the Korean won has fallen to its lowest against the US dollar since March 2009. The KRW is…
Read More »Australian data – Westpac Leading Index for August -0.05% m/m (prior -0.17%)
<p>The indicator is barely changed. </p><p>AUD/USD is not doing much. FX markets are awaiting the Federal Open Market Committee (FOMC) later on Wednesday. </p> This article was written by Eamonn…
Read More »US equity indexes extend gains, USD drops further
<p>Apart from what has already been posted to the site there is no fresh news. </p><p>ES, NQ and other indexes (futures) are higher on Globex trade. Currencies against the USD…
Read More »USD/JPY back to 143.00 and below
<p>Asia trade is well underway and the USD is a little on the soft side. Not by a lot but noting it. </p><p>USD/JPY is under 143.00, dropping away reasonably quickly…
Read More »Australian Westpac Consumer Sentiment rises 3.9% m/m (prior -3%)
<p>Earlier in the session we had:</p><ul><li><a href="https://www.forexlive.com/news/australia-consumer-confidence-weekly-survey-drops-05-ww-20220912/" target="_blank" data-article-link="true">Australia consumer confidence weekly survey drops 0.5% w/w</a></li></ul><p>The Westpac monthly survey showed a rise for September, to 84.4 from 81.2 in August….
Read More »