NZ Inflation Forecasts Drop While Japan PPI Pressures Persist
Asian markets stay focused on earnings as New Zealand inflation expectations decline and Japan’s producer price pressures linger, with US PPI and retail sales due later.
NZDUSDUSDJPY
Asia’s session is relatively calm on the geopolitical front, with Iran remaining quiet and attention turning to corporate earnings.
New Zealand’s inflation forecasts have fallen, reinforcing a softer pricing outlook. In Japan, producer price pressures are still lingering, keeping some cost-side concerns in play.
Later today, the US releases July PPI, and July retail sales are also on the calendar, adding to the focus on US inflation and consumer demand.
Source: FXStreet Forex News