Aussie data stuns markets
Yesterday’s Australian home building approvals number shocked the market as it came in considerably down from the previous months. The leaders of Spain and France
More
Want accurate, timely FX news reports delivered to your inbox each morning? Subscribe to the Morning Report.
Yesterday’s Australian home building approvals number shocked the market as it came in considerably down from the previous months. The leaders of Spain and France
More
The US dollar strengthened versus the majority of its 16 major counterparts as the US economy grew more than estimated, whilst pending home sales also
More
The Kiwi eased back half a cent on a market release by Fonterra cutting its payments to farmer’s forecasts as the Euro strengthened against the
More
It has been a quiet 24 hours in the markets with hardly any currency movement, as investors wait for the press conference’s from Europe and
More
In what proved to be a busy end to the week, the markets remained in positive territory after the Fed Chairman Ben Bernanke indicated that
More
Overnight there was mixed news from the US, with housing showing improved numbers, although employment remains the one real thorn in the Fed’s side as
More
The FOMC minutes were released last night and they showed that ‘many’ of the policy makers believed that additional monetary accommodation was ‘likely’ unless the
More
The Euro appreciated to a six week high against the US dollar as the positive sentiment continues, with Germany easing their position on Greece’s concessions
More
The outlook for New Zealand in the 2nd half of the year is looking increasingly positive as the ripples from the Eurozone debt crisis ease
More
The Australian dollar fell against the major currencies after comments made by the Australian Treasury said that the RBA would be able to ease monetary
More
Data out in the US last night showed that permits for new homes hit a 4 year high as the positive housing numbers continued. However,
More
This morning’s Fonterra dairy auctions jumped as dairy prices posted their 3rd biggest gain ever. The positive data flow continued last night as the US
More
On the data front, it has been a positive 24 hours as results came in better than market estimates. The data kicked off yesterday in
More
The Euro was given a boost overnight as Italy reached its target in selling 1 year bonds, whilst also helping the shared currency higher was
More
After last week’s softer data, where we saw China’s trade surplus narrow and New Zealand’s unemployment figure edge up to 6.8%, whilst credit card spending
More
Both New Zealand and Australia had updates on their unemployment rates yesterday, with the Kiwi rate marginally higher and Aussie rate lower. China also had
More
The Euro eased back overnight against the US dollar, as one of the more peripheral rating agencies reviews the credit rating of Spain, Italy Greece
More
The Reserve Bank of Australia held their overnight cash rate, identifying softening economic growth as one of the factors. New Zealand’s labour costs rose, indicating
More
The Euro is continuing its recovery as investors believe that the European Central Bank is moving in the right direction in dealing with the regions
More
In a strange set of circumstances, data out on Friday night showed an uptick in the rate of unemployment even as more jobs were added
More
On the conclusion of the European Central Bank policy meeting, its President Mario Draghi confirmed that the policy leaders did what they do best, very
More
Last night was the Global Dairy Trade Auction, where the Trade Weighted Price Index showed prices rose 3.5% compared to July, in the main due
More
New Zealand’s business confidence moved higher in July, as employment and investment outweighed concerns over the European debt situation. Overall a net of 15% of
More