EUR third best performer in G10’s – Rabobank

Analysts at Rabobank explained that the EUR/USD is the third best performing G10 currency over the past week having notched up 2.5% vs. the USD in the last five days.  Key Quotes: "The EUR is too new and has too recent a history of near political facture to be worthy of the term saf ...

Market overview: markets settled down for the weekend? – ANZ

Analysts at ANZ explained that the markets settled down following the prior night’s sharp risk-off move.  Key Quotes: "The VIX was broadly stable, while the S&P 500 was up 0.6%, boosted late in the session. Bond markets and safe-haven FX gave back some of their gains, with th ...

NZD/USD: testing the downside below the key 0.69 handle

Currently, NZD/USD is trading at 0.6896, down -0.06% on the day, having posted a daily high at 0.6903 and low at 0.6893. Forex today: scandals and political tensions roil markets once again NZD/USD is currently consolidated after losing the 0.69 handle overnight when the dollar bounced back amids ...

Brazil’s assets in the limelight – ANZ

Analysts at ANZ explained that Brazilian assets were under the pump overnight. Key Quotes: "Brazil assets were under the pump overnight amidst a political crisis that engulfed the President as accusations of illegal payments to buy silence came to markets’ attention. Brazil’s rea ...

New Zealand Visitor Arrivals (YoY) increased to 21.5% in April from previous -0.2%

Key US data reviewed: Q2 GDP tracking estimate lowered – Nomura

Analysts at Nomura offered a review of the latest and key US data. Key Quotes: "Philly Fed Survey: The headline index rebounded strongly to 38.8 in May from 22.0 in April, above expectations (Nomura: 22.0, Consensus: 18.5). This rebound is a sharp contrast to the May Empire State surve ...

AUD/USD: more downside to come, looking toppish?

Currently, AUD/USD is trading at 0.7419, up 0.01% on the day, having posted a daily high at 0.7423 and low at 0.7416. Forex today: scandals and political tensions roil markets once again AUD/USD failed to hold onto its gains of yesterday after the positive jobs data. The highs at 0.7466 wer ...

Chile BCCH Interest Rate: 2.5% (May) vs previous 2.75%

The CHF is the safest haven a trader can buy – Rabobank

Analysts at Rabobank explained that the USD is the worst performing G10 currency over the past 5 days.  Key Quotes: "As has been widely discussed in the markets this week, the move has been closely linked with market perceptions that the scandal ridden Trump Administration is unlikely t ...

Market wrap: US dollar, interest rates, and equities rebounding – Westpac

Analysts at Westpac offered a market wrap. Key Quotes: "Global market sentiment: Markets were calmer overnight; the US dollar, interest rates, and equities rebounding. A special counsel to oversee the US investigation into Russian links was named, helping mollify critics of the investigatio ...

Peru stocks lower at close of trade; S&P Lima General down 1.32%

Investing.com – Peru stocks were lower after the close on Thursday, as losses in the Mining, Non-Metal Minerals and Industrials sectors led shares lower. At the close in Lima, the S&P Lima General declined 1.32%. The best performers of the session on the S&P Lima General were Backus Johnsto ...

SalesForce rises as earnings beat expectations

Investing.com – Shares of Salesforce.com Inc (NYSE:CRM) traded higher in after-hours trade, as investors cheered the release of bullish quarterly results and forward guidance. Salesforce reported earnings of $0.28 per share on $2.39 billion in revenue, against Wall Street estimates o ...

US President Trump: We have to get back to running the country

During the joint press conference with Colombian President Juan Manuel Santos, President Donald Trump answered questions from the press on recent political turmoil, reiterating that he did not ask FBI director Comey to end Flynn investigation. Trump further added that he though ...

Wall Street recovered portion of yesterday’s losses

Supported by the positive macro data, major equity indices in the United States rebounded on Thursday, recovering part of yesterday's heavy losses.  Today's data from the United States revealed that the weekly initial claims decreased 4,000 to 232,000 for the week ending May 12 ...

Brazil stocks lower at close of trade; Bovespa down 8.80%

Investing.com – Brazil stocks were lower after the close on Thursday, as losses in the Real Estate, Financials and Electric Power sectors led shares lower. At the close in Sao Paulo, the Bovespa declined 8.80% to hit a new 3-months low. The best performers of the session on the Bovespa were Fibria ...