*China's Q3 GDP falls slightly below expectations at 6.0%
*Afterpay (APT.AX) drops for third day in a row, down 7.3%
*Quiet dawns on Asia with monumental Brexit vote looming
FX:
- FX volatility has quietened down after last night's Brexit and US/Turkey developments with most G10 currencies trading sideways through Asia.
- AUDUSD +0.13% edged higher on China's okay GDP and September activity print. China's Q3 GDP printed 6.0%; est. 6.1%. While retail sales, industrial output and urban investment all met expectations.
- GBPUSD -0.29% looks to a Brexit vote in Westminster on Saturday. Boris Johnson still needs to get the DUP on board.
- NZDUSD +0.41% was most sensitive to China data as it made October highs.
- USDJPY -0.1% was a touch lower at 108.5.
- USDCAD -0.01% did little as conviction for long CAD grows.
- USDCNH -0.02% traded flat as China data didn't surprise.
Equities:
- Equities closed lower across the board as markets await broader developments in Brexit, US/China trade and other geopolitical risks.
- ASX cash -0.52% closed lower helped by another tumble in Afterpay (APT.AX) as an RBA probe into no surcharge for vendors loom.
- ASX Futures -0.74% were also lower.
- S&P500 Futures -0.22%.
- Nikkei Futures +0.13%.
- CSI Futures -0.63%.
Fixed Income:
- US 10y yields have ticked along without too much bother to either side closing at 175bps.
- AUS 10y yields also chopped around to finish at 111bps.
Commodities:
- Brent Crude Futures came of -0.5% having traded fairly tight between 58 and 60 $/bbl for most of the week.
- Gold spot was largely unchanged.
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