(USD) Federal Budget Balance -63.2 B vs -58.2 B expected
(USD) German WPI m/m 0.0 % vs 0.4 % expected
Asia stocks subdued as China data disappoints
Risks ahead for U.S. tax push as disputes linger, Trump returns- RTRS
Asia pacific equity markets were mostly lower on Tuesday following disappointing Chinese economic data. A pullback in commodity shares dragged Australia’s benchmark index lower. Investors awaited clues on monetary policy from heads of some major central banks and kept an eye on U.S. tax reform developments.
USDJPY was seen trading steadily around 113.65 as the Dollar bounced from support around 113.25 on Monday. Japan's Nikkei 225 managed to climb 0.4 percent early on Tuesday after four sessions of losses, lifted by gains in the U.S. dollar against the yen, which supported export-related stocks. But Currently the Nikkei has erased earlier gains and is currently down 0.10%
EURUSD had a rather quiet session on Tuesday with little change, currently the EUR is seen trading around 1.665 against the US Dollar. The dollar index, which tracks the dollar against a basket of currencies was flat and is currently valued at 94.52. The yield on 10-year Treasuries was steady at 2.40 percent.
AUDUSD had an active session in Asia session today with the Aussie hitting four-month low of 0.7608 continuing its 0.5 percent decline in the previous session. Australia’s S&P/ASX 200 index dropped 0.9 percent, meanwhile Australia’s 10-year yield gained three basis points to 2.65 percent.