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24 Apr 2013
Session Recap: Australia CPI softens; USD unchanged
FXstreet.com (Barcelona) - Not much of a move today in the Asia-Pacific as it has been the norm so far this week, with EUR/USD totally unchanged at 1.2999 last, and more or less the same for USD/JPY at 99.43, while AUD/USD is slightly lower at 1.0248, and GBP/USD slightly higher at 1.5244. USD index remained flat as a result.
Gold at $1423 and Oil at $89.22 both trade near session highs, with local share markets all in the green without exception, lead by Nikkei up +1.64% printing fresh almost 5-year highs, and Australian ASX index gaining +1.52% for the day, on hopes the RBA could cut again either next month or in June.
Australia CPI came in bot lower than expected for the 1Q and year on year, at +0.4% v +0.7% and +2.5% vs +2.8% respectively. Previously, RBNZ left rates on hold for the rest of year 2013, as the central bank said in the statement, sending NZD/USD higher at first instance.
Main headlines in the Asian session:
Apple quarterly earnings beat estimates
RBNZ expects to keep rates unchanged throughout 2013
Forex: AUD/NZD sharply lower after RBNZ holds rates at 2.50%
Forex: USD/JPY at the 99.50 threshold; Looking for the almost there 100.00?
Australia: Recap of PM Gillard’s China trip
Forex: EUR/USD closes below 1.3000 as German PMI data disappoints
Bloomberg – German Ifo Confidence Probably Fell as Winter Chilled Recovery
Japan Mar Corporate Service Price (YoY) down to -0.2% vs 0.0%
Forex Flash: We believe sentiment regarding Gold has become too bearish – Nomura
Forex: EUR/JPY pushing higher, still negative for the week below 130
Australia’s Swan says ratings agencies reaffirm Australia’s AAA credit rating
Japan’s finance minister Aso: Japan’s fiscal situation is ‘very severe’
Australian CPIs softer-than-expected
Forex: AUD/USD edges lower on CPI miss
Forex: NZD/USD eases below 0.8450
Forex: AUD/JPY still range bound after Aussie CPI data disappoints
Australian treasurer Swan: Inflation is contained
Forex: GBP/USD still forming possible “bear flag” on daily chart
Forex Flash: Expecting a cut in ECB rates for May/June - RBS
Gold at $1423 and Oil at $89.22 both trade near session highs, with local share markets all in the green without exception, lead by Nikkei up +1.64% printing fresh almost 5-year highs, and Australian ASX index gaining +1.52% for the day, on hopes the RBA could cut again either next month or in June.
Australia CPI came in bot lower than expected for the 1Q and year on year, at +0.4% v +0.7% and +2.5% vs +2.8% respectively. Previously, RBNZ left rates on hold for the rest of year 2013, as the central bank said in the statement, sending NZD/USD higher at first instance.
Main headlines in the Asian session:
Apple quarterly earnings beat estimates
RBNZ expects to keep rates unchanged throughout 2013
Forex: AUD/NZD sharply lower after RBNZ holds rates at 2.50%
Forex: USD/JPY at the 99.50 threshold; Looking for the almost there 100.00?
Australia: Recap of PM Gillard’s China trip
Forex: EUR/USD closes below 1.3000 as German PMI data disappoints
Bloomberg – German Ifo Confidence Probably Fell as Winter Chilled Recovery
Japan Mar Corporate Service Price (YoY) down to -0.2% vs 0.0%
Forex Flash: We believe sentiment regarding Gold has become too bearish – Nomura
Forex: EUR/JPY pushing higher, still negative for the week below 130
Australia’s Swan says ratings agencies reaffirm Australia’s AAA credit rating
Japan’s finance minister Aso: Japan’s fiscal situation is ‘very severe’
Australian CPIs softer-than-expected
Forex: AUD/USD edges lower on CPI miss
Forex: NZD/USD eases below 0.8450
Forex: AUD/JPY still range bound after Aussie CPI data disappoints
Australian treasurer Swan: Inflation is contained
Forex: GBP/USD still forming possible “bear flag” on daily chart
Forex Flash: Expecting a cut in ECB rates for May/June - RBS