A day of PMI readings – ANZ

Analysts at ANZ explained that the US September manufacturing ISM jumped to 60.8 vs 58.8, the highest reading since May 2004.  Key Quotes: "New orders surged to 64.6 (60.3), production rose to 62.2 (61.0), inventories fell to 52.5 (55.5) and prices paid rose to 71.5 (62.0). There will b ...

When is the RBA and how could it affect AUD/USD?

RBA interest rate decision review While all expect the RBA to stay on hold at 1.5% for a 14th consecutive meeting, due at 03:30GMT, the wording in the statement will be analysed for any shifts in outlook for policy and the domestic/global economy. Key domestic data have improved, including a modes ...

First Impressions: NZ Q3 business confidence – Westpac

Analysts at Westpac offered their first impressions for the NZ Quarterly Survey of Business Opinion, September quarter 2017. Key Quotes: "The NZIER Quarterly Survey of Business Opinion showed a drop in overall business sentiment, with a net 7% of firms positive about the outlook compare ...

NZD/USD soggy below the 0.72 handle, downside opened up by key data miss

Currently, NZD/USD is trading at 0.7189, down -0.08% on the day, having posted a daily high at 0.7197 and low at 0.7186. NZD/USD has been soggy overnight after the recovery to 0.7218 the US high. The downside has expended below the 0.72 handle on the back of New Zealand business confidence (Q3 ...

Peru stocks higher at close of trade; S&P Lima General up 1.40%

Investing.com – Peru stocks were higher after the close on Monday, as gains in the Banking&Financials, Non-Metal Minerals and Industrials sectors led shares higher. At the close in Lima, the S&P Lima General added 1.40% to hit a new 3-years high. The best performers of the session on the ...

Aussie Flat Ahead Of RBA Rate Review, China Markets Shut

Investing.com - The Aussie was quoted flat in early Asia on Tuesday ahead of a central bank review of the cash rate. AUD/USD traded at 0.7827, while USD/JPY changed hands at 112.72, down 0.04%. The Reserve Bank of Australia unveils its latest interest rate decision with expectations of a continue ...

Key US data events reviewed – Nomura

Analysts at Nomura noted the key US data overnight and reviews ISM manufacturing index, Construction spending and offered their US GDP Q3 tracker update. Key Quotes: "ISM manufacturing index: The ISM manufacturing index rose 2.0pp to 60.8 in September, from 58.8 in August, above expectation ...

EM macro and strategy focus – Deutsche Bank

"We foresee RBI on hold while EM Asia CPI inflation heads higher. We also foresee NBP on hold, Russia inflation falling while Turkey inflation edges up in September," notes Deutsche Bank Markets Research team in their latest "EM Macro and Strategy Focus" report. Key quotes ...

AUD/NZD: watching iron ore for a retest of 1.1200? – Westpac

Analysts at Westpac offered their outlook for the Antipodean cross and rates. Key Quotes: "AUD/NZD 1 day: Forming a base at 1.0830 for now. Whether it holds this week will depend partly on iron ore’s behaviour. AUD/NZD 1-3 month: A retest of the 1.1200 area seen in April is possible i ...

The Day Ahead: Top 3 Things to Watch

Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow UK Marco Data on Tap Fresh on heels of weaker than expected UK manufacturing data, investors brace for data expected to show a slight decrease in the construction activity in September. The UK construction ...

Wall Street finishes at record highs on upbeat data

Major equity indexes sustained their recent bullish momentum on the first trading day of the fourth quarter and advanced to fresh record highs. Today's data from the U.S. pointed to a strengthening economy as the business activity in the manufacturing sector continued to expand. Moreover ...

Brazil stocks higher at close of trade; Bovespa up 0.09%

Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Basic Materials, Public Utilities and Electric Power sectors led shares higher. At the close in Sao Paulo, the Bovespa rose 0.09%. The best performers of the session on the Bovespa were Centrais Eletricas ...

Mexico stocks higher at close of trade; IPC up 0.31%

Investing.com – Mexico stocks were higher after the close on Monday, as gains in the Consumer Goods&Services, Consumer Staples and Healthcare sectors led shares higher. At the close in Mexico, the IPC gained 0.31%. The best performers of the session on the IPC were Gruma SAB de CV (MX:GRUMAB), ...