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Trump: Infrastructure approval process should be streamlined down to 1-2 years

More headlines hitting the wires, via Reuters, as the US President Trump’s State of Union Address continues:

Every federal dollar for infrastructure should be leveraged by partnering with state and local governments and tapping private sector investment.

 Trump says infrastructure permitting approval process should be streamlined down to one or two years.

NZD/USD off 0.7365 session highs following Chinese PMI disappointment

NZD/USD currently trading into the 0.7350 handle, slipping from Asia session highs of 0.7368 following the release of worse-than-expected PMI data fro
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AUD/USD hit fresh session low, tests 1-hr 200-MA

The Aussie dollar is extending the post-CPI drop possibly due to weak China manufacturing PMI release and the falling Aussie-US 10-year yield spread.
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