on moves from Boeing to raise funds Reuters with the report – working with investment banks on a multibillion-dollar bond-fueled financing package – aiming to shore up its balance sheet Reuters cite "three people familiar with the matter"
Blogs
NYSE to reopen options trading floor in San Francisco on May 4
A heads up for further signs of recovery from the COVID-19 shut downs – New York Stock Exchange will partially reopen its NYSE Arca Options trading floor in San Francisco —
ForexLive Asia FX news wrap: NZD higher on good export data
Forex news for Asia trading Wednesday 29 April 2020 The US dollar weakened across the board for the session here, and the kiwi $ got an extra boost from strong trade data in March. Oil traded higher, as did gold also.
Australian Q1 CPI recap (and look ahead for much lower in Q2)
The Australian January to March inflation data is here from earlier: Inflation picked up in the quarter to a near 6 year high, but the core measures were both below the lower bound of the RBA target band (whi9ch is 2 – 3% over the course of a cycle).
China state media says annual parliament to begin May 22
This had been delayed due to the coronavirus outbreak in the country Xinhua now saying a May 22 start date – control and prevention of the coronavirus situation is improving —
Australian PM Morrison reiterates he wants a global coronavirus investigation
This is riling China as noted earlier: Maybe Morrison would like some wind taken out of the AUD sails? See here for global coronavirus case data
USD weaker across the board in Asia
Major traded currencies gaining on the session here. – Oil is up – stock indexes in US overnight trade are up, as are regional equites here (Japan is on holiday) Apart from what has been posted already nothing fresh. An absence off awful news (no worse than normal) supporting 'risk' on the session. FOMC announcement […]
Australia Q1 inflation – headline CPI : 0.3% q/q (vs. expected 0.2%)
January to March inflation data from the Australian Bureau of Statistics Headline: 0.3% q/q – expected 0.2% q/q, prior 0.7% – For the y/y 2.2% vs. expected 1.9%, prior 1.8% Core inflation:
Due at the bottom of the hour (0130GMT) – Australian inflation data for Q1
Posted earlier, what to expect from the CPI etc (And why its not a big focus this time around) See here for global coronavirus case data
China factories restarted, but getting consumers spending is tougher
The NY Times have a piece up (l for you) ink here if its not gated Pretty much nail the problem, what we have been seeing in the PMIs and other data: – China … has a big problem with its spenders I posted yesterday an the surge in unemployment: