Wednesday, October 7, 2020

Asia-Pacific Wrap


Harris-Pence debate wraps up

It was much more civil than the Presidential debate Nothing stood out from the debate. Pence was much stronger than Trump and Harris had some good and bad moments.... Read full article


Nikkei pushes daily gain to 1%, rises to post-pandemic high

Nikkei 225 breaks key levels Japanese stocks are now flat year-to-date on a 1.0% rally today. Japan is a good view on broader economic sentiment. US stocks have been boosted by 150 bps of rate cuts while Japan has been stuck on the lower bound. There have been new programs in Japan including ETF buying but you're... Read full article


US 30-year yields are the pivot point

A look at bond rates The battle for the election, the battle for economic stimulus and the battle for the economy are captured best right now by the US long bond.... Read full article


BOJ's Kuroda: Japan economy remains in a severe situation but starting to pick up

Comments from the BOJ Governor: This is a generally upbeat take but in like with what we've heard before.... Read full article


RBNZ official says 'actively working' on negative interest rate and funding-for-lending programme

Negative rate talk NZD lower on the headline from Reuters that cites an unnamed RBNZ official. At the same time, Bloomberg is quoted the RBNZ's Hawkesby: And the RBNZ's Ha:... Read full article

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FX option expiries for Wednesday 7 October at the 10am NY cut

USD/JPY the only notable series of expiries for the session today. 

  •  105.10 385m USD amount 
  •  105.25 450m
  •  105.50 1.8bn
  •  106.20 549m
For bank trade ideas, check out eFX Plus 
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