New Zealand August M3 Money Supply (YoY) rises to 6.5% vs 5.2%

Sep 30, 2013

AUD/USD testing 0.9280 post China's HSBC PMI

AUD/USD continues to trade on a heavy tone following a downbeat revision in China's HSBC PMI final read, which came at 50.2 vs 51.2 expected. The exchange rate traded as low as 0.9280 before bids emerged.

Flash: Potential impact of a US shutdown in the Greenback - Deutsche Bank

Based on the market reaction from other US government shutdowns, one may find a valuable insight to be reminded how assets such as US Treasury bonds, stocks or the Greenback performed during the political gridlock.