RBNZ: hike next year? – Westpac

Analysts Westpac argued that if the RBNZ was “firmly neutral” in its last review, it is hardly going to be mulling the timing of interest rate hikes this time around. Key Quotes: "We think that the market is off-base in pricing in an OCR hike for next year, even if the timing ha ...

Gold dips in Asia with focus on Fed later this week

Investing.com - Gold ticked slightly lower in Asia on Monday with the latest views from the Fed expected to set the tone later this week. Gold for August delivery edged down 0.04% to $1,254.48 a toy ounce on the Comex division of the New York Mercantile Exchange. For last week, the precious meta ...

AUD/USD: 0.80’s are still the technical bias

Currently, AUD/USD is trading at 0.7915 having posted a daily high at 0.7917 and low at 0.7906. AUD/USD starts the week out as one of the main focusses with Oz Q2 CPI and the Fed meeting that are key risks for the pair next week. There is a special focus on the Aussie right now considering it ...

Dollar mostly flat in early Asia in light regional day

EUR/NOK clears overhead resistance

The EUR/NOK 200 SMA, immediate resistance on 4-hour chart, was cleared in recent trading.Quoting below this dynamic hurdle for multilple sessions, EUR/NOK is now targeting the 800-SMA on the upside.

The week ahead Euro area – Nomura

Analyst's European outlook for the week ahead ... Key Quotes: "July flash PMIs, German inflation and UK GDP data are in focus this week.  Euro area July flash PMIs (Monday): We expect the euro area composite PMI to increase to 56.7 in July from June’s 56.3. At the sector level ...

USA events: Fed and GDP eyed- Nomura

Nomura's analysts preview for the USA schedule this week ...  Key Quotes: "Existing home sales (Monday): Despite a lean supply of previously owned homes for sale, steady demand for housing has remained supportive for sales. In May, existing home sales increased by 1.1% m-o-m to a ...

Dollar ending soft in US close – ANZ

Analysts at ANZ's market wrap in a snapshot ... Key Quotes: "Global equities were sold, the USD remained on the back foot, yields were lower, and commodities (ex-gold) dropped. European bourses led losses, with DAX down 1.7%, CAC 40 off 1.6%, and Euro Stoxx 50 down 1.4%. Declines wer ...

NZD/USD: 0.7480’s on the cards?

Currently, NZD/USD is trading at 0.7403, up 0.08% on the day, having posted a daily high at 0.7408 and low at 0.7395. NZD/USD continues to ride the peripheral weakness in the greenback and analysts at Westpac suggest for today's outlook there is potential to continue this rally to 0.7485 (Se ...

Israel stocks lower at close of trade; TA 35 down 0.38%

Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Banking, Oil&Gas and Financials sectors led shares lower. At the close in Tel Aviv, the TA 35 declined 0.38%. The best performers of the session on the TA 35 were OPKO Health Inc (TA:OPK), which rose 2.24% or ...

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.03%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Retail, Multi Investment and Agriculture&Food sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share gained 0.03%. The best performers of the session on the Tadawul All Share were ...

Gold / Silver / Copper futures – weekly outlook: July 24 – 28

Investing.com - Gold prices rose for a sixth straight session on Friday, to notch up the largest weekly gain in two months as the U.S. dollar slid to its lowest level in more than a year, underpinning demand for the precious metal. Gold for August delivery closed up 0.72% at $1,254.48 on the Come ...

Weekly outlook: July 24 – 28

Investing.com - The U.S. dollar fell to its lowest level in more than a year against a basket of the other major currencies on Friday, pressured lower by the stronger euro and persistent concerns over U.S. political uncertainty. The U.S. dollar index, which measures the greenback’s strength against ...

Crude oil futures – weekly outlook: July 24 – 28

Investing.com - Oil prices settled lower for the second session in a row on Friday, ending at its weakest level in about a week as sentiment soured amid indications that supply from OPEC was set to rise, despite the cartel's agreement to curb production. The U.S. West Texas Intermediate crud ...

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