Wednesday, September 23, 2020

Asia-Pacific Wrap


ForexLive Asia FX news wrap: Silver slides further

Forex news for Asia trading Thursday 24 September 2020 The moves lower across equities and precious metals extended during the Asian morning initially. Silver led the way with a sharp drop, gold and equity index futures traded lower alongside. There was a bounce for all as more Asian centres opened and became active but as I update silver, again, is once more... Read full article


Japan PM Suga spoke with South Korean Presidnet Moon, wants improved relations

New Prime Minister of Japan Suga says we cannot leave 'severe' relations with SK where they are now. Japan-South Korea - US cooperation important to deal with North Korea... Read full article


China patchy economic recovery - "most firms in most regions are seeing a far more muted recovery"

CBB International is a New-York-based research group. The firm puts a private survey called the China Beige Book Reuters have a bit of a summary up on the most recent report from CBB:... Read full article


Morgan Stanley expect iron ore prices to fall further (heads up for AUD traders)

Morgan Stanley citing shipments from Vale increasing and demand from China (steel output) easing. Forecasts:... Read full article


ANZ see encouragement in activity recovery in Australia, but needs Victoria to ease and lift

ANZ economists say the fall in activity in Australia since June has recovered. Looking ahead: Victoria is Australia's second most polpulaous state, its capital Melbourne the country's second most populous city. Melbourne saw an outbreak orders of magnitude higher than any other region in Australia (a judicial enquiry is ongoing to find the source and recommended how... Read full article

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FX option expiries for Thursday September 24 at the 10am NY cut

EUR/USD

  •  1.1600 975m euro amount  
  •  1.1610 625m
  •  1.1625 523m
  •  1.1700 844m
  •  1.1750 1.1bn
  •  1.1800 2.7bn
 USD/JPY
  •  104.00 1.3bn USD
  •  104.50 471m
  •  104.55 438m
  •  104.90 830m
  •  105.00 1.8bn
  •  105.10 844m
  •  105.25 570m
  •  105.70 470m
  •  105.75 900m
  •  106.10 555m
  •  106.18 444m
  •  106.25 548m
  •  106.75 1.6bn
  •  106.87 750m
 GBP/USD
  •  1.2705 271m GBP
 AUD/USD
  •  0.7100 1.0bn AUD
  •  0.7110 703m

NZD/USD
  •  0.6600 270m NZD

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