Week in FX Asia China Japan Conflict to impact regional trade

The two biggest economies in the Asia are locked in social crisis that could have large economic impact. The Japan purchase of islands under contention from China has sparked mass protests and forced some Japanese companies to halt operations. Both stock indices have been affected negatively as the world continues to watch a symbiotic trade relationship being put in jeopardy by old wounds. China, as the buyer of $195 billion in goods and services, is Japan’s biggest customer while at the same time being Japan’s number four supplier, with exports worth $148 billion.

China

Japan

Australia and New Zeland

Singapore

Taiwan

 

AMERICAS Week in FX

EUROPE Week in FX

WEEK AHEAD

  • JPY BOJ Minutes of Aug. 8–9 Meeting to Be Released
  • EUR German Consumer Price Index (YoY)
  • EUR German Consumer Price Index – EU Harmonised (YoY)
  • EUR German Unemployment Change
  • GBP Gross Domestic Product (QoQ)
  • GBP Gross Domestic Product (YoY)
  • USD Gross Domestic Product Price Index
  • USD Gross Domestic Product (Annualized)
  • USD Durable Goods Orders
  • USD Personal Consumption Expenditure Core (YoY)
  • CAD Gross Domestic Product (YoY)

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza