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ForexLive FX news wrap for Asia 23 Dec and the prior US and UK sessions (22 Dec)

Forex news headlines for UK and US December 22 & Asia trading Wednesday 23 December 2015

Asia:

A subdued FX session in Asia again.

The only data of note was from New Zealand, with an inadvertent release of US data also providing some interest.

The New Zealand November trade deficit narrowed more than was expected on the month, with a big surge in exports cited. (The yearly trade deficit, though, has come in at its largest since 2009.) There were higher than expected exports to the EU and China (but softness in exports to Australia). Dairy and meat exports were both up, although care should be taken with the meat export results as it is drought-impacted (an early slaughter). Imports were stronger also, consumption goods notably higher which is likely an indicator of strong household spending.

From the US we got 'personal consumption' data released inadvertently by the US Commerce Department's Bureau of Economic Analysis around 12 hours ahead of schedule. Whoops. +0.3% m.m (and for more see bullets, above).

Forex ranges were small, as was that for gold. Oil gained a little on API stock reports (inventories lower).

Regional equities as of Shanghai closed for the lunch break:

  • Nikkei (Japan closed for a holiday today)
  • Shanghai +0.16%
  • HK +1.07%
  • ASX +0.60%

US headlines for Tuesday 22 December 2015

UK headlines for Tuesday 22 December 2015

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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