Halister News

(Bloomberg) -- Indonesia’s rupiah and South Korea’s won lead most Asian currencies higher, while markets in Japan, China and Taiwan are closed; sovereign bonds advance in Singapore and interest-rate swaps decline in Thailand.

• Kiwi steady versus dollar; Moody’s says it’s comfortable with New Zealand’s Aaa rating, stable outlook
  • Home sales rose 4.3% in January from year earlier
  • Manufacturing index advanced to 15-month high of 57.9 in January
  • One-year ahead inflation expectations fell to 1.4% in January from 2% in October, according to Aon Hewitt quarterly economist survey
• U.S. Treasury futures rise to 131-27 from 131-16 yesterday; Fed’s Yellen says interest-rate increases might be delayed by recent financial market turmoil
• Aussie gains against dollar; Australian Prudential Regulation Authority Chairman Wayne Byres says credit spread increases are “manageable”
• Rupiah climbs for fifth day; job cuts in Indonesia’s banking industry may continue this year, though less severe than in 2015, Jakarta Post reports; Foreign Minister Retno Marsudi will meet Thai Foreign Minister Don Pramudwinai today in Jakarta to discuss cooperation in areas such as the economy, terrorism and transnational organized crime
• Ringgit strengthens; Malaysian industrial production probably increased 1.0% in December from a year ago after 1.8% advance prior month, according to Bloomberg survey before data today; Prime Minister Najib says he reminded ministers at first cabinet meeting of the year to spend prudently, according to official blog posting
• Peso rises; Philippine central bank will keep policy rate unchanged at 4% today, according to all 14 economists in Bloomberg survey
• Onshore markets in Japan are closed for public holiday; yen rises for a fourth day and hits strongest level since November 2014
• Markets are still shut in China and Taiwan for public holidays

CURRENCY TECHNICALS:

• Click here to see pivot point and multiple support as well as resistance points for majors/Asian currencies