Halister News

(Bloomberg) -- Position adjustments via cross markets is partly responsible for yen weakness as China says yuan devaluation is not on the agenda for G-20 meeting that starts tomorrow.

• USD/JPY +0.27% to 112.48 vs 111.90/112.63 range
  • Extends bids seen into Tokyo fix, taking out exporter offers at 112.50, says trader
  • Japanese bought record sum of foreign bonds, stocks last week
  • Hurdle to negative Fed rates is political, not legal, study says
• AUD/USD -0.15% to 0.7185 vs 0.7157/0.7203 range
  • Selling triggered after weaker-than-forecast capex plans for 2016/17, little follow-through as positioning light: trader
  • RBA may cut rates as capex view trumps spending: Capital Economics
• GBP/USD +0.06% to 1.3935 vs 1.3915/1.3955 range
  • Pounds stays close to its seven-year low; Cameron is reportedly urged to remove Gove as justice secretary for his support of a Brexit
• EUR/USD +0.15% to 1.1030 vs 1.1007/1.1033 range
  • Supported on buying vs JPY, says trader
• NZD/USD +0.03% to 0.6661 vs 0.6643/0.6668 range
  • FinMin English says RBNZ has room to respond to low inflation
• BBDXY +0.1% to 1,224.67
• U.S. Treasury 10-year yield down 1 bp to 1.742%
• S&P 500 futures up 2 points to 1,932
• Brent crude -0.1%; gold +0.4%; copper +0.3%
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