Trading news

The NZD/USD pair holds positive ground around 0.6025 during the early Asian session on Monday. The New Zealand Dollar (NZD) remains firm against the US Dollar (USD) following the release of Chinese Manufacturing Purchasing Managers Index (PMI) data.

USD/JPY gains ground for fourth successive session, trading around 155.20 during the Asian hours on Monday. The pair remains stronger as the Japanese Yen (JPY) remains calm following the Bank of Japan’s (BoJ) January Summary of Opinions.

China's RatingDog Manufacturing Purchasing Managers' Index (PMI) rose to 50.3 in January from 50.1 in December, the latest data published by RatingDog showed on Monday. This figure came in line with the expectation. 

China RatingDog Manufacturing PMI meets forecasts (50.3) in January

The GBP/USD pair trades on a flat note near 1.3695 during the early Asian session on Monday. Traders weigh what a Federal Reserve (Fed) under Kevin Warsh might look like. The US ISM Manufacturing Purchasing Managers Index (PMI) report will be published later on Monday. 

EUR/USD edges modestly higher after opening with a downside gap, trading near 1.1840 during Monday’s Asian session.

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9695 compared to the previous day's fix of 6.9678 and 6.710 Reuters estimate.

US President Donald Trump said over the weekend that the United States (US) will "hopefully" make a deal with Iran after Supreme Leader Ayatollah Ali Khamenei warned of a regional conflict if Washington attacked.

Australia ANZ Job Advertisements increased to 4.4% in January from previous -0.5%

Japan Jibun Bank Manufacturing PMI meets expectations (51.5) in January

South Korea S&P Global Manufacturing PMI climbed from previous 50.1 to 51.2 in January

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to keep its oil output unchanged for March at a meeting on Sunday. The group announced that the next meeting will take place on March 1.

Australia TD-MI Inflation Gauge (YoY) increased to 3.6% in January from previous 3.5%

Australia TD-MI Inflation Gauge (MoM) dipped from previous 1% to 0.2% in January

Gold price (XAU/USD) tumbles to around $4,780 during the early Asian session on Monday. The precious metal extends the decline after reaching historic highs last week amid signs of political stability in the United States (US).

China’s President Xi Jinping said in an article published on Saturday in Qiushi that he has renewed calls for the Chinese Yuan to build a “strong currency” that can become widely used in international trade, investment and foreign exchange markets and reach the status of a global reserve.

The Bank of Japan (BOJ) will publish its report on Sunday at 23:50 GMT. This report includes the BOJ's projection for inflation and economic growth. It is scheduled 8 times per year, about 10 days after the Monetary Policy Statement is released.

Australia S&P Global Manufacturing PMI fell from previous 52.4 to 52.3 in January

South Korea Trade Balance registered at $8.74B above expectations ($4.6B) in January

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