NZD/USD: below 0.73 handle sitting awaiting next key catalysts

Currently, NZD/USD is trading at 0.7289, down -0.01% on the day, having posted a daily high at 0.7293 and low at 0.7281. NZD/USD has been isolated to below the 0.73 handle on a very quiet overnight and early Asian session. There was very little in the way of a catalyst with it being the US 4th Jul ...

Australia AiG Performance of Services Index increased to 54.8 in May from previous 51.5

United Kingdom BRC Shop Price Index (YoY) climbed from previous -0.4% to -0.3% in June

South Korea Current Account Balance down to 4.52B in May from previous 6.8B

Sell NZD/JPY trade plan – Westpac

Analysts at Westpac offered a trade plan for NZD/JPY. Key Quotes: "Entry: Sell 100% at 82.50, Stop: 82.90, Target: 81.15 Rationale:  The N.Korean missile launch is heightening political tensions into the G-20 Summit in Germany on 7th-8th July. Accelerated JPY weakness since early June ha ...

Kiwi looks to world milk prices – ANZ

Analysts at ANZ noted that last night’s dairy auction was generally positive, especially the 2.6% lift for WMP.  Key Quotes: "There were aggressive price increases (6- 11%) for near-term delivered WMP, which highlights some buyers are currently short of product having been sittin ...

What Happened While US was Celebrating Independence ?

Analysts at Brown Brothers Harriman noted that the US markets were closed on July 4.   Key Quotes: "Asian and European equities moved lower as did most bond yields. The MSCI Asia Pacific Index fell a third of one percent. It was the third consecutive losing session and five in th ...

Peru stocks higher at close of trade; S&P Lima General up 0.38%

Investing.com – Peru stocks were higher after the close on Tuesday, as gains in the Services, Electricity and Mining sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.38% to hit a new 3-months high. The best performers of the session on the S&P Lima General were ...

South Korea FX Reserves up to 380.57B in June from previous 378.46B

Brazil stocks lower at close of trade; Bovespa down 0.08%

Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Consumption, Industrials and Financials sectors led shares lower. At the close in Sao Paulo, the Bovespa declined 0.08%. The best performers of the session on the Bovespa were Estacio Participacoes SA (SA:ESTC3), ...

Mexico stocks lower at close of trade; IPC down 0.20%

Investing.com – Mexico stocks were lower after the close on Tuesday, as losses in the Healthcare, Consumer Goods&Services and Consumer Staples sectors led shares lower. At the close in Mexico, the IPC lost 0.20%. The best performers of the session on the IPC were VOLARIS A (MX:VOLARA), which ...

Canada stocks lower at close of trade; S&P/TSX Composite down 0.34%

Investing.com – Canada stocks were lower after the close on Tuesday, as losses in the IT, Materials and Clean Technology sectors led shares lower. At the close in Toronto, the S&P/TSX Composite lost 0.34% to hit a new 6-months low. The best performers of the session on the S&P/TSX Composite ...