Asia Summary and Highlights 19 Aug

Asia Session

Everyone is calling for peace as Trump/EU meets, including Japan PM Ishiba, calling for ceasefire and fair peace and weighs role in Ukraine security. But in reality, Japan is unlikely to be participating in any security protocol regarding Ukraine, given their legislation.  USD/JPY is trading 0.08% lower at 147.74 with JGB yields gaining strongly.

Headline on Tuesday are rather empty as all focus on Trump/EU meeting and any potential outcome. Trump had another phone call with Putin but there has been no update yet. U.S. major equity indexes and Nikkei are in the red while regional equities in China and Hong Kong are more upbeat. AUD/USD is trading 0.01% lower at 0.6491, NZD/USD is trading 0.06% higher at 0.5926 while USD/CAD rise 0.03%. Else, EUR/USD and GBP/USD is up 0.03%.