Good morning/evening/afternoon and welcome to October 1 in the Asian timezone. New month, new quarter. Dunno, but is the best thing about the new month that we can stop attributing every single currency move to that hoary chestnut, the ‘month end flows’? Thirty-days (or thereabouts) of relief ahead!
Big day coming up, with the BOJ Tankan report due. And the RBA meet today, no change to rates expected. China and Hong Kong, though, have the right idea – they’re on holiday today. China is out for the rest of this week.
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