Weekend polls confirm May’s Conservatives lead narrowing

Over the weekend, varies polls on the upcoming UK general election were published, with the main take-away being that May's Conservative party lead is narrower than previously thought. According to a weekend poll by ORB, Conservatives stand at 44 vs Labour 38, which is muc ...

NZD/USD remains better-bid despite firm greenback, eyes on 0.7090

NZD/USD is currently trading at 0.7055 at the time of writing with a high of 0.7078 and a low of 0.7038 within Mat's bullish trend. "New Zealand’s solid economic performance is allowing the Government to have its cake and eat it too," explained analysts at Westpac. Th ...

Dollar falls in Asia after NKorea missile test, holidays noted

Investing.com - The dollar fell slightly against the yen on Monday after North Korea fired its 9th ballistic missile test since the start of the year, ratcheting up threats to regional peace with Japan, the U.S. and China all holding a stake in tamping down Pyongyang's ambitions to build ...

North Korea fires another missile – Yonhap News

According to Yonhap News Agency, South Korean military has confirmed that North Korea fired off what appeared to be a ballistic missile. Additonal headlines So far unidentified missile Fires from around Wonsan in an easterly direction Japan says it may land in its EEZ (exclusive economi ...

USD/ZAR recovering majority of bearish-Zumbar-related gap

USD/ZAR is recovering fro the opening gap from 12.6783 lows, currently trading at 12.7863 having opened at 12.9009. The rand was under immense pressure back in March when concerns that Jacob Zuma, the South African president, was preparing to fire Pravin Gordhan as finance minister. The price wa ...

AUD/USD: headed back to 0.7330? – BBH

Analysts at Brown Brothers Harriman explained that the Australian dollar looked good until May 25, when it failed to make a new high for the week and then reversed lower.   Key Quotes: "There was follow through selling ahead of the weekend when the Aussie recorded new lows for th ...

Plenty of headlines from the G7 weekend meeting – ANZ

Analysts at ANZ noted the G7 meeting from the weekend and an alliance to fight protectionism. Key Quotes: "Some would argue the G7 is a far less relevant institution these days, but it didn’t stop the meeting of its respective country leaders in Italy over the weekend generating plent ...

United States: key takeaways from the week – Nomura

Nomura's key takeaways from last week from the US ... Key Quotes: "Special Report: Trump-Russia affair dominates headlines, but impeachment remains unlikely Despite the recent cacophony of revelations around investigations into Russia’s involvement in the US election, we think th ...

US 10-year yields range bound between 2.20% a 2.30% – BBH

Analysts at Brown Brothers Harriman noted that the US 10-year Treasury yield appears range bound between 2.20% a 2.30%.   Key Quotes: "Without stronger growth on a sustained basis (real rates) or upward pressure on prices (inflation premium), the impetus for significant movement may hav ...

Market wrap: US GDP boosts yields – Westpac

Analysts at Westpac's market wrap... Key Quotes: "Global market sentiment: US GDP data was not as weak as expected, helping arrest declines in US interest rates and the US dollar. The NZD was the best performer, GBP the worst. Interest rates: US 10yr treasury yields fell from 2.26% t ...

Israel stocks lower at close of trade; TA 35 down 0.33%

Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Real Estate, Biomed and Technology sectors led shares lower. At the close in Tel Aviv, the TA 35 declined 0.33%. The best performers of the session on the TA 35 were Ormat Technologies (TA:ORA), which rose 2.86% or ...

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.29%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Multi Investment, Industrial Investment and Building&Construction sectors led shares lower. At the close in Saudi Arabia, the Tadawul All Share lost 1.29% to hit a new 6-months low. The best performers of ...

Gold / Silver / Copper futures – weekly outlook: May 29 – June 2

Investing.com - Gold prices rose to one-month highs on Friday as economic and political uncertainty underpinned safe haven demand for the precious metal. Gold for June delivery closed up 0.82% at $1,266.65 on the Comex division of the New York Mercantile Exchange. For the week, the precious meta ...

The Week Ahead: 5 Things to Watch on the Economic Calendar

Investing.com - Global financial markets will focus on this week's U.S. employment report due Friday for further signs of the Federal Reserve's likely rate hike trajectory through the end of the year. In the euro zone, investors will await monthly inflation data out of the euro zone to assess th ...