Dollar trades mildly higher in early US session after better than expected retail sales data, but upside moment is weak so far. Mild strength in US futures sends Swiss Franc and Yen slightly lower. Overall, New Zealand Dollar is set to end as the best performer for the week, as RBNZ hike speculations intensified. Dollar is following as second, then Yen. Australian and Canadian Dollar are the worst performers and there is no sign of a turn around. In Europe, at the time of writing, FTSE is up 0.09%. DAX is down -0.05%. CAC is down -0.46%. Germany 10-year yield is down -0.011 at -0.342. Earlier in Asia, Nikkei dropped -0.98%. Hong Kong HSI rose 0.03%. China Shanghai SSE dropped -0.71%. Singapore Strait Times rose 0.39%. Japan 10-year JGB yield rose 0.0069 to 0.021. |
