Forex news for Asia trading Wednesday 6 April 2016
– QV New Zealand house prices for March +11.4% y/y (prior +11.6%)
Oil data kicked off the session, with the American Petroleum Institute inventory results showing a surprise draw for the week (draw of 4.3mln barrels from stocks against an expected build of 3.2mln barrels). The oil price gained ground immediately and has continued higher through Asia.