NZD/USD: consolidates DXY strength ahead of RBNZ tomorrow

Currently, NZD/USD is trading at 0.7240, down -0.02% on the day, having posted a daily high at 0.7248 and low at 0.7236. Forex today: DXY has its best day for a while, +0.24% NZD/USD has been in a tight range, consolidating the downside with the resurgence in the DXY that ended up 0.20% on the da ...

Not so inflationary after all? – ANZ

Analysts at ANZ noted the actions in markets overnight. Key Quotes: "US equities fell from all-time highs as oil prices dropped to November 2016 lows. The USD strengthened and global yields fell. European equities began inching higher before turning decisively lower by the middle of th ...

Fedspeak: mixed messages but not shaken by downside surprises – Nomura

Analysts at Nomura explained that during his interview on CNBC, Federal Reserve Bank of Chicago President Charles Evans noted some caution regarding the recent slowdown in inflation.  Key Quotes: "He indicated that inflationary pressure may pick up as transitory effects wane, but note ...

UK PM May: Govt will consult and listen but clear we will see Brexit through

UK Prime Minister Theresa May was on the wires, via, Reuters, stating that UK government will consult and listen but clear "we will see Brexit through" More headlines: Will work with Parliament, business and devolved governments to ensure smooth and orderly EU exit Need to delive ...

Peru stocks lower at close of trade; S&P Lima General down 0.68%

Investing.com – Peru stocks were lower after the close on Tuesday, as losses in the Mining, S&P Lima Juniors and Industrials sectors led shares lower. At the close in Lima, the S&P Lima General fell 0.68% to hit a new 1-month low. The best performers of the session on the S&P Lima ...

Gold lower in early Asia as Fed views mostly point to more rate hikes th

Investing.com - Gold was quoted lower in early Asia on Wednesday with Fed views on rate hikes for the rest of the year pointing to more, though the inflation outlook has not met expectations so far. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange fell b ...

Fed’s Kaplan: Treasury yield curve shows market expects sluggish growth ahead

Responding to questions from reporters after a talk at the Commonwealth Club of California, Dallas Fed President Robert Kaplan said that he is willing to be more patient on rates to wait for data on inflation. Key quotes (via Reuters): Less optimistic neutral rate will drift all the way up t ...

Yen points higher in early Asia ahead of BoJ minutes

Investing.com - The yen was quoted slightly higher in early Asia on Wednesday ahead of minutes for May from the Bank of Japan in an otherwise light data day. USD/JPY changed hands at 111.45, down 0.07%, while AUD/USD traded at 0.7577, down 0.29%. GBP/USD fell 0.86% to 1.2628 overnight. The U.S ...

EUR/USD moves sideways near 20-day lows around 1.1130

After spending the first part of the day consolidating above mid-1.11s, the EUR/USD pair came under pressure at the beginning of the NA session and fell to its lowest level since May 30 at 1.1119. Following that move, the pair failed to make a meaningful recovery and is now trading at 1.1129 ...

United States API Weekly Crude Oil Stock down to -2.72M from previous 2.75M

Brazil stocks lower at close of trade; Bovespa down 2.01%

Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Financials, Real Estate and Basic Materials sectors led shares lower. At the close in Sao Paulo, the Bovespa lost 2.01% to hit a new 3-months low. The best performers of the session on the Bovespa were Ambev SA ...

Forex today: DXY has its best day for a while, +0.24%

Forex today saw the DXY making its best performance in a while, rallying up to 97.87 between a range of 97.43-97.87. Yields, on the other hand, were down for the day by 1.44% within a range of between 2.1495-2.1949% and this is somewhat out of kilter with the Fed chat of late and the resurgence i ...

Mexico stocks lower at close of trade; IPC down 0.27%

Investing.com – Mexico stocks were lower after the close on Tuesday, as losses in the Industrials, Consumer Goods&Services and Materials sectors led shares lower. At the close in Mexico, the IPC fell 0.27%. The best performers of the session on the IPC were Grupo Financiero Inbursa , SAB De CV ...

Dow eases from record highs as energy stocks slump

Investing.com – U.S. stocks closed lower on Tuesday, easing from record highs as a slump in energy weighed on the broader market while investors mulled over comments from Washington suggesting that stronger economic growth relied on overhauling the tax system. Investors fled energy stocks ...