Asian Session Recap 7-9-2018

Asian Session Recap

Global trade was the name of the game during the Asian session, as traders price in the U.S. negotiations with major trading partners Canada, China, and maybe even Japan.

Japan’s household spending (y/y) up by 0.1% vs. -0.9% expected, -1.2% previous

Japan’s average cash earnings (y/y) improves by 1.5% vs. 2.4% expected, 3.3% previous

Japan’s leading indicators down from 104.7% to 103.5%

Japan’s leading indicators down from 104.7% to 103.5%

AU home loans increase by 0.4% vs. -0.1% expected, -1.1% in June