Region: Asia Pacific
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Markets turn buoyant after PPI drop; Aussie, kiwi surge
Australian dollar up in all markets, and the NZD climbs 1.2% against the USD.
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Aussie, kiwi jump as US CPI falls faster than expected
Post the CPI announcement, local markets turn to Australian monthly employment data due today.
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Euro, pound in favour ahead of US CPI
Tonight’s US CPI result will have a significant influence over the Fed’s next move, pushing the focus on to European currencies.
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Aussie, kiwi at two-week lows after US jobs beat forecasts
The USD index approached two-week highs while the the Aussie and kiwi both dipped 0.5%. Markets stay focused on Wednesday night’s US inflation reading.
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Kiwi jumps; AUD weaker
The kiwi jumped after a surprise 50bps hike, while the AUD weakened as poor US data continues.
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Aussie lower after RBA holds; RBNZ in focus
The RBA has signaled that inflation will likely moderate in the coming months, while the RBNZ is expected to raise rates today.