Stock markets buoyant
Overnight Headlines *USD quiet over US holiday, steady near lows *US stocks were closed, European shares climbed to near record levels *RBA sticks to taper decision, but commitment on pace…
Read More »Later Fed taper in play
Overnight Headlines *USD near 1-month low, hit by disappointing NFP *US stocks were mixed with tech outperforming *Oil extends losses after deep cuts to Saudi crude prices for Asia *Gold…
Read More »12th record high for S&P500…this month!
Overnight Headlines *USD printed a “doji” yesterday and is selling off this morning *US stocks closed mostly at record highs for a second day *Oil prices extended their climb after…
Read More »Data deluge
Overnight Headlines *USD ended the day modestly lower, closing at 92.62 *US stocks retreated from record highs amid mixed data *Oil prices backed off four-week highs, OPEC+ meeting today *Australian…
Read More »725k median NFP print expected
Overnight Headlines *USD extended losses as possible sub-par NFP looms *US stocks rose but tech underperformed *Oil prices rebounded to near one-month highs USD continues to struggle, down nine days…
Read More »Markets drift ahead of NFP
Overnight Headlines *USD closed lower again near one-month lows *US stocks were mixed to kick off the month *Oil prices little changed after OPEC+ ratified output hike USD started September…
Read More »Market Update – August 10 – Qualm gains in the market
Market News Today – Treasuries have been supported and bond as well as stock markets have traded cautiously mixed across the Asia Pacific region. Another stellar jobs report and hawkish…
Read More »NZD/USD Braces for Q2 Jobs Data After Chinese PMI Slowdown Weighs on Sentiment
The New Zealand Dollar lost early-week upside momentum after a concerning slowdown in China’s manufacturing growth. NZD/USD is turning its attention to New Zealand’s upcoming Q2 jobs data.
Read More »New Zealand Dollar Outlook: NZD/USD, AUD/NZD React to Covid Risks, RBNZ Policy Bets
The New Zealand Dollar weakened against the US Dollar and Australian Dollar overnight as growth-related fears, driven by Covid, impacted economic prospects, RBNZ policy bets.
Read More »New Zealand Dollar Forecast: NZD/USD Balancing Covid Risks as RBNZ Approaches
The New Zealand Dollar is off to an upbeat start against the US Dollar after a down week. Rising Covid cases in Australia and the RBNZ meeting later this week…
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