Intra-day Market Moving News and Views
14 Dec 2015 01:20GMT
USD/JPY - ....... The greenback staged a short-covering rebound from Friday's low at 120.58 and opened higher to 121.18 in NZ today. However, renewed selling there pressured the pair lower and dlr retreated to 120.64 ahead of Tokyo open before stabilising in Tokyo morning.
As there is no major eco. data due today, market focus is now on the release Fed's rate decision on Wednesday.
Offers are now seen at 121.10/20 and more above at 121.30/40 with stops building up above there whilst initial bids are noted at 120.30/40, suggesting selling on recovery is the favored strategy.
Data to be released:
Japan large manufacturing outlook, non-manufacturing outlook, large manufacturing index, non-manufacturing index, large all industry Capex, tertiary industry index, industrial production, capacity utilization,
Italy consumer price index, U.K. house price index and Eurozone industrial production on Monday.
Australia home price index, Swiss producer and import prices, U.K. PPI input prices, RPI, RPIX, PPI core output, CPI, PPI output prices, house price, Eurozone economic sentiment, employment, Germany, current conditions, economic sentiment, leading economic index, Canada manufacturing sales, U.S. NY empire state manufacturing index, core CPI, CPI, Redbook, housing market index, net L-T flows, overall net capital flows and foreign buying on Tuesday.
New Zealand current account, inflation expectations, Australia leading indicator, France manufacturing flash PMI, service flash PMI, Germany manufacturing flash PMI, service flash PMI, Eurozone manufacturing flash PMI, service flash PMI, trade balance, inflation, U.K. average earnings, average week earning, claimant count unemployment change, unemployment rate, Swiss investor sentiment, U.S. mortgage applications, build permits, housing starts, industrial output, capacity utilization, manufacturing PMI, Fed fund target rate and overall net capital flows on Wednesday.
New Zealand GDP, Japan adjusted merchandise trade balance, merchandise trade balance total, exports, import, foreign investment in japan stocks, foreign bond investment, France business climate, Germany IFO current assessment, IFO expectations, IFO business climate, Italy global trade balance, trade balance EU, U.K. retail sales, retail sales ex-fuel, CBI industrial trends survey, Eurozone construction output, U.S. current account, initial jobless claims, continuing jobless claims, Philadelphia Fed manufacturing survey, CB leading indicator and EIA natural gas storage change on Thursday.
New Zealand ANZ activity outlook, China MNI business sentiment indicator, Japan BoJ interest rate decision, France producer prices, Italy wage inflation and Eurozone current account on Friday.
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