Halister News

(Bloomberg) -- NZD declines after RBNZ says it will issue an updated economic assessment next week, while GBP recovered part of yesterday’s decline ahead of BOE decision; AUD unable to hold onto gains after jobs data.

• Fed’s Harker says some measures of inflation approaching 2%
• NZD/USD falls 0.8% to 0.7216 vs 0.7210-0.7294 range
  • Kiwi hit after RBNZ announced it will provide an assessment of economy on July 21 ahead of August 11 rate decision
  • RBNZ assessment may invoke possibility of rate cut: SocGen
  • Composite confidence index is starting to suggest a potential acceleration in economic growth toward 4%: ANZ
• AUD/USD up 0.1% to 0.7612 vs 0.7591-0.7639 range
  • Aussie buying from leveraged accounts after jobs data stalling ahead of 0.7660 buy stop-losses, says trader
  • Australia full-time jobs rose 38,400 in June, though year-to-date are contracting by 19k; click here for table
  • Moody’s says election result is credit negative
• USD/JPY up 0.2% to 104.74 vs 103.98-104.79 range
  • JPY continues to move inversely with rising Japanese stocks, with retail accounts buying near 104.00 level, says trader
  • Japanese buy record sum of foreign bonds, stocks
  • Lower JGB yields last week may spur Japanese investors to increase purchases of foreign bonds, says Nomura
• GBP/USD up 0.4% to 1.3200 vs 1.3106-1.3221 range
  • Erratic trading within its July range ahead of highly anticipated BOE decision; click here for preview
  • New PM May draws a line under Cameron era; appoints team including Johnson for Brexit
  • London house-price index falls to seven-year low after Brexit
• BBDXY falling for third day, down 0.1% to 1,188.51
• Treasury 10-year yield steady at 1.478%
• EUR/USD up 0.2% to 1.1108 vs 1.1088-1.1116 range
  • Options expiring include strikes at 1.1000 for EUR1.06b
• WTI, Brent crude futures, copper futures all rising; gold slips