Quick overview of Asian trade
- Regional stocks around 1% lower:
- South Korean economy grew at slowest pace in 3 years:
- Risk trades in FX market saw profit taking ahead of tonight’s US GDP and weekend:
- The NZD fell early on comments from RBNZ member hinting at intervention:
- AUD has been biggest loser in afternoon trade:
- Heavy selling of USD/JPY by Japanese bank has dulled the bullish momentum of last few sessions.