New Zealand Trade Balance NZ$350mln m/m, Expected: -NZ$100mln, Previous: NZ$183mln
New Zealand Trade Balance -NZ$2.57bln, Expected: -NZ$2.9bln, Previous: -NZ$2.62bln
Asia stocks fall, euro drifts as Greek crisis deepens – RTRS
No deal for Greece, creditors; top-level talks resume Saturday – RTRS
RBNZ: NZ Dollar Persists At Unjustifiable Level
SNB's Jordan says the central bank can counter franc strength with FX intervention and rates
SNB's Jordan, speaking to the watch industry, says he will combat the strong franc — BBG
Asian equity markets are mostly lower this morning, as negotiations between Greece and its creditors failed. A default seems increasingly likely, though there will be another meeting this weekend, so there is still a chance that a deal will be reached. Markets are not very optimistic though, with stocks selling off and the risk-off currencies bid. Overall, it was rather quiet in the FX market during the 24 hours and the lack of economic data today could keep volatility down again.