Our thoughts are with all those killed and hurt, their friends and families, in the cowardly attack in Manchester at an Ariana Grande concert mainly attended by young kids.
- Latest statement from the Manchester Police on the Arena explosion
- Media: Police say there is a 2nd suspect device near Manchester Arena
- Manchester explosion update: Police confirm 19 dead, around 50 injuries
- UK media now saying Manchester Arena explosion was a nail bomb attack
- Manchester Arena explosion update - Sky News reports bomb disposal team on site
- BBC reporting at least 20 dead in Manchester Arena (UK) explosion
- Yen rising - Reports of explosion at Manchester Arena (UK) - more details
- Reports of an explosion at Manchester Arena (UK)
One for the kids today after the horrible events in Manchester: Ariana Grande and Miley Cyrus with the Crowded House hit "Don't Dream It's Over "
Forex news for Asia trading Tuesday 23 May 2017
- Mexico's Madrazo: NAFTA negotiations on the right track
- Buba's Dombret says it look like a hard or very hard Brexit
- Time for some music. Don't Dream It's Over - Miley Cyrus & Ariana Grande
- AUD extending its gains
- Heads up for NZD traders - Fonterra announcement expected Wednesday
- US budget - "Trump Proposes Selling Off Half the U.S. Strategic Oil Reserve"
- Fed's Evans - No comments on current economic outlook nor monetary policy
- PBOC sets USD/CNY central rate at 6.8661 (vs. yesterday at 6.8673)
- US 2018 budget proposal out now -
- Japan finance minister Aso: Will send a strong message about free trade at G7
- Japan - Nikkei Manufacturing PMI (May, preliminary): 52.0 (prior 52.7)
- Fed's Brainard: Labor market strength, stall in core inflation
- S&P places Brazil on credit watch negative
- Australia - ANZ-Roy Morgan consumer confidence index: 110.5 (prior 109.4)
- Fed's Brainard speech - No remarks on economic outlook nor monetary policy
- Greek finance minister Tsakalotos: Greece will definitely get bailout tranche in June
- Greece - Dijsselbloem says we were unable to close tonight a gap in views
- Greece - reports creditors so far fail to reach a deal on debt measures
- One for the China stock traders - MSCI decision on A-shares due June 20
- ICYMI: Forexlive America FX news wrap: Dollar mixed (except against the NZD)
- Trade ideas thread for Tuesday 23 May 2017
Yen gained early on the session, perhaps on concerns over the explosion in the UK. USD/JPY lost 40-odd points, down to around 110.90 in early Tokyo before grinding out a recovery back to around 111.20. Yen crosses followed a similar pattern, down early and then a recovery.
S&P downgraded Brazil, which flowed on into a weaker MXN, but it retraced somewhat:
EUR and CHF have had little net movement against the USD following small ranges. Cable, too, down just a few points. News from the Eurogroup early in the Asia session - no agreement yet reached on Greece (see bullets above).
AUD and NZD are both higher, Australian dollar the outperform of the two (some AUD/NZD buying today but nevertheless both supported). For NZD trades, Wednesday and Thursday will see market-relevant announcements: Heads up for NZD traders - Fonterra announcement expected Wednesday
Gold is up a tiny.
Regional equities:
- Nikkei -0.11%
- Shanghai -0.10%
- HK +0.31%
- ASX -0.02%