From the Dealing Desk - AU morning update
00:00, 12 septiembre 2013
Intersting day in currencies yesterday with some of that interest flowing overnight, especially in the Kiwi. NZ Central Bank talk yesterday about rate hikes in 2014 had a positive effect on this currency. Looking at the CMC Client sentiment we can clearly see Top Clients increased short positions overnight (56% last night Vs 68% at time of writing).
Gold had some weakness from yesterday morning, dropping 50 points as risk appetite increased and gold became less sexy for the day.
Some industrial production figures this afternoon from Japan and later tonight US PPI figures.