Welcome, Traders!
It is Wednesday 18th / Thursday 19th of January, depending on where you are.
Here are some things to expect ahead of the APAC session today.
Sentiment
Following US data that suggested a smaller step up in the federal reserve's monetary-tightening path, a gauge of the dollar's strength rebounded after dropping to its lowest level since April. The yen recovered against the greenback after falling against all of its major peers as the Bank of Japan disappointed expectations that it would become more hawkish. US treasuries extended their historic new-year rally on Wednesday, with five- and 10-year yields falling to their lowest levels since September.
Docket
6:50 PM ET
Japanese Total Trade Balance for December
Median Forecast: -1,670 bln | Prior: -2,029 bln | Range: -1,459 bln / -2,065 bln
Japanese Imports YoY for December
Median Forecast: 22.6% | Prior: 30.3% | Range: 27% / 19.5%
Japanese Exports YoY for December
Median Forecast: 10.6% | Prior: 20% | Range: 20.6% / 5.9%
7:30 PM ET
Australian Unemployment Rate for December
Median Forecast: 3.4% | Prior: 3.4% | Range: 3.5% / 3.3%
Australian Employment Change for December
Median Forecast: 25k | Prior: 64k | Range: 40k / -15k
Good luck!
