Travel between New Zealand and Australia is now available, quarantine-free. This the 'travel bubble between the two countries that has had a rocky path but is finally here. For now at least.
Forex news for Asia trading for Monday 19 April 2021 Bitcoin dropped sharply over the weekend. Various explanations have been offered up: The price of the crypto has stabilised somewhat in the past few hours, BTC/USD is back above US$57K as I post.
Case loads rising in Osaka as the COVID-19 situation worsens again. Governor Yoshimura to request the declaration from Japan's national government to help put measures in place to combat the spread.
GS is looking for the VIX to revisit its earlier 2021 highs in coming weeks. The recent fall due to: GS also suggest (to paraphrase) that the reflation trade bounce may be running out of momentum. Separately, 'insider' selling of US stocks is hitting record highs. The stage might very well be set for a VIX spike.
The National Development and Reform Commission of the People's Republic of China (NDRC) is the state planner Infrastrucutre investment in China continues apace. A positive for local business and also countries exporting products used in the projects.
Expanding monitoring for illegal transactions
Central Bank of the Republic of China (Taiwan) Governor Yang Chin-long - speaking in parliament Other remarks from the Gov:
Euro is selling off to lows circa 1.1950 (as I post) with nothing obvious on the wires as a catalyst to prompt the sell. Apart from the times already posted there is no fresh news nor data
Via a late last week note from analysts at JPM on the USD to help maintain a US gap with the rest of the world. Bank recommends remaining long USD vs. currencies where central banks are likely to remain dovish or growth-challenged
The People's Bank of China sets the onshore yuan (CNY) mid point for the trading session ahead. - USD/CNY is permitted to trade plus or minus 2% from this daily reference rate.
