Insights on FOMC Minutes Impact and Economic Indicators in Asia-Pacific Markets
Wednesday, 21 February 2024, 04:37
ForexLive FX Wrap:
Ranges for major FX rates were relatively small, with traders waiting for the FOMC minutes.
Japan's Economic Data:
- Exports: Exceeded expectations, driven by U.S. and Chinese demand.
- Imports: Fell more than anticipated.
Australian Wages Data:
- Q4 2023: Wage price index rose 0.9% q/q, signaling potential inflationary risks.
Market Update:
AUD and NZD saw slight gains while Hong Kong and Chinese stocks continued their positive trend.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.