It’s all about the Fed taper and beyond…
Overnight Headlines *US stocks post record highs, eyes on the FOMC meeting *USD edged higher, trading just above 94 *US spending bill shows new progress in house, sticking points remain…
Read More »New Zealand Dollar at Risk as AMZN, AAPL Earnings Miss. NZD/USD Eyes Resistance
The sentiment-linked New Zealand Dollar gained as the Dow Jones and S&P 500 climbed. But, soft Amazon and Apple earnings risk evaporating NZD/USD’s progress during Asia-Pacific trade.
Read More »Risk momentum a key driver of current sentiment
Overnight Headlines *US stocks hit fresh record highs, tech led the way *USD was mixed but closed higher as EUR faltered *Gold broke above $1800 and 200-day SMA again *Tesla…
Read More »Dollar stabilises as China’s economy stumbles
Overnight Headlines *US stocks rose as gains continued for a third day *USD closed lower on the week, but DXY is stabilising around 94 *Bitcoin is eyeing up record highs…
Read More »Dollar holds near 14-month high as gas whipsaws
Overnight Headlines *US stocks ended in positive territory after initially suffering heavy losses *USD advanced above 94 though closed off its high *Bitcoin surged through $53,000 to it highest level…
Read More »NZD – ANZ have lifted their milk price forecast to $8.20/kg MS (from $7.70)
ANZ have revised their farmgate milk price forecast for the 2021-22 season by 50c to $8.20/kg MS From ANZ’s report (in brief): NZD update: Earlier re NZD:
Read More »Energy spike concerns continue, dollar advances
Overnight Headlines *US stocks rebounded as tech bounced back, Vix inched lower *USD broadly firmer with yields pushing to new cycle highs *RBNZ hiked by 25bps as expected, market…
Read More »RBA unmoved, RBNZ up next as stocks and tech suffer
Overnight Headlines *US stocks sold off, closing at their lowest since July *USD eased versus its peers, but is in the green today *Oil jumped +2.5% to a three-year…
Read More »NZD/USD May Swing on China PMIs, ANZ Business Confidence, US Debt Ceiling
The New Zealand Dollar looks set for a busy day as several economic events approach. Meanwhile, risk trends are in focus as China's energy woes continue and the United States…
Read More »Commodities and oil hit new highs
Overnight Headlines *USD remained near recent highs above 93 *US stocks closed mixed after a volatile week *The Vix fell below 18 as risk sentiment improved *Oil is higher for…
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