Forexlive Asia-pacific FX news wrap: Australian wage gains decelerate

August 13, 2024 at 04:16AM

Australia Q2 wage price index +0.8% vs +0.9% expected

Japanese June PPI +3.0% y/y vs +3.0% expected

July Australia NAB business conditions +6 vs +4 prior

Goldman Sachs sees July US core CPI slightly below estimates

Japan parliament to hold a special session to discuss Bank of Japan rate hike

PBOC sets yuan midpoint at 7.1479 vs 7.1744 at the last close

Secretary of State Blinken to travel to Middle East on Tuesday night

Bank of England Governor Bailey to speak at Jackson Hole

Fitch cuts Israel’s credit rating to ‘A’ on war tensions

New Zealand June net migration 2710 vs 1410 prior

Iran attack not happening tonight – report

Markets:

Gold down $9 to $2462

WTI crude oil down 60-cents to $79.46

US 10-year yields down 0.7 bps to 3.90%

S&P 500 futures up 6 points

Nikkei 225 up 2.2%

NZD leads, JPY lags

Coming into the session, the market was on edge about an Iranian attack on Israel after Fox reported that it could take place within 24 hours but it wasn’t long into the session before an Axios report that said an attack wasn’t coming today. It took some time for that to sink in but it eventually led to a reversal in some of the gold and oil buying from New York trade.

Other market moves were minor, though some USD/JPY buying did creep in as Tokyo returned from a three-day weekend. That was coupled with a stronger-than-expected gain in Japanese stocks that saw them erase the last of the 12% record decline from last Monday.

Australian wage data was a touch on the light side and business conditions data slightly improved but AUD was generally unmoved.

Overall FX changes so far have been light, though there is some dollar selling that’s likely a by-product of the Middle East calm. I’d warn that it’s probably only a delay and we are likely to get another similar round of headlines about an imminent attack in the day ahead.

Otherwise, we were treated to a painfully-uneventful interview with Trump and Musk that produced nothing in the way of headlines. There was some crypto frontrunning in the lead-up to the talk but it quickly busted when there was no BTC pumping in the event.

This article was written by Adam Button at www.forexlive.com.

相关

伦敦作为国际金融中心之一，是世界上最大的外汇市场和除香港以外最大的离岸人民币市场，其自由贸易政策、法律体系完善等优势成为企业进入国际市场的最佳跳板。通过英国伦敦公司合派HUBFX开立英欧美加收款账户，企业可以实现更低成本的贸易资金快速流转，更快打通欧美与内地市场的贸易路径。不过，对于许多中小贸易企业来说，开户难、账户不稳定的问题始终难以解决。自行申请英欧美加银行账户，不仅流程繁琐、耗时长，且需要现场面签审核，开户条件非常苛刻。此外，随着CRS协议全球大范围实施以及国际监管政策愈加严格，许多英欧美加银行也加强了对开户公司的资格审查，这大大提高了企业的开户门槛。

合派HUBFX 可为企业在线开立英国、欧盟多币种收款账户，开户快捷，支持美元、欧元、英镑、日元、港币、离岸人民币等38个币种的收款需求，足不出户轻松满足企业安全快捷的收款需求。与传统方式不同，合派HUBFX与多家国际知名银行合作，秉承高标准合规与监管要求，为企业在线开立账户，无需亲赴英/欧/美/加，提交相关资质材料并审核通过后即可快捷开立，企业账户名称即为企业实名，无任何前缀，账号信息由企业专属，解决了外贸企业急于快速开户并进行跨境贸易收付款的迫切需要。汇率透明，安全高效整个过程中无开户、账户管理等额外费用，通过自有高新技术搭建的底层外汇交易引擎，企业可在HUBFX管理平台获得实时透明汇率，全流程自动化操作，每一笔资金及交易状态一目了然，方便企业高效进行资金管理，优化成本。此外，合派HUBFX拥有英国巴克兰银行的保障（Safeguard）客户资金账号，外贸收付款安全可靠。

如果您对我们的服务有兴趣请拨打以下电话或者添加最下方微信号：