With US oil attempting to recuperate from the harm done by Hurricane Ida, Tropical Storm Nicholas has been redesigned (only before I posting this wrap) to Hurricane Nicholas. It’s normal to make landfall on the Texas coast unavoidably. Oil has inched a little higher on the meeting here in Asia yet just barely.

Additionally from Australia today, Reserve Bank of Australia Governor Lowe gave a discourse. Lowe was gruff on the money rate ahead,

This isn’t new from Lowe, yet it is blunter and more direct than expected.
There is more from Lowe in the posts on his discourse and the accompanying Q&A in the shots above.
FX development was quelled, even AUD didn’t do a lot notwithstanding the information and Low. It finished out above 0.7370 and is as of now around 0.7356 0.7350 (dropping somewhat more as I edit)
EUR/USD, GBP/USD, USD/JPY are on the whole up a couple of spasms with very little news stream by any stretch of the imagination. NZD/USD is net a couple of spasms down on the day. EUR/JPY acquired.
Local values, Japan’s Nikkei rose again while China’s Shanghai Composite and HK’s Hang Seng are scarcely net changed.
As I space in the AUD graph it’s spilling lower after Lowe’s discourse and remark