Last Friday Economic data published through the Asian session and was on the heavier side. The key stats include August building consent figures out of New Zealand, August job/applications ratio, prelim industrial production, retail sales, and September inflation numbers out of Japan and Australia’s private sector credit numbers for August. Building consents climbed by 7.8% on August, month-on-month, reversing most of July’s 10.3% slide. Auckland posted a record number of new homes consented to be built according to Stats NZ. The Kiwi Dollar went from $0.6607 to $0.6610 upon the statement of the data before advancing to $0.6612. The Japanese Yen advanced from ¥113.400 to ¥113.30 versus the greenback, upon the statement of the figures that arrived forward of production and retail sales numbers.
Brexit woes, Loonie Deadline and China Golden Week
Weekly Report - 01/10/2018