Quick overview of Asian session
- Nikkei rises 1.5% on weaker Yen, Hang Seng -1%:
- Latest RBA FX reserves data confirms passive intervention to tune of around AUD450 million for 3rd consecutive month:
- Japanese opposition part president Abe calls for unlimited easing to beat deflation:
- USD/JPY triggers stops above 80.50:
- AUD/USD stalls at reported reserve manager bids near 1.0350:
- EUR/USD driven by EUR/JPY and EUR/AUD flows:
(Back a bit later for European open).