Aussie Gains In Asia As China Markets Set To Reopen, NKorea Eyed

Investing.com - The Aussie rose in Asia on Monday with the pound also quoted higher ahead of a light regional data day with China back from a week-long holiday and markets shut in Japan, Taiwan and South Korea as tensions on the Korean peninsula brew with speculation of a long-range missile tes ...

NZ: some political/policy certainty is needed now – ANZ

In respect of New Zealand's elections, analysts at ANZ noted that the National lost two seats and Labour/Greens picked up one each in the counting of special votes.  Key Quotes: "That leaves the final tally of National with 56 seats and the centre-left with 54. NZ First (9) and Ac ...

AUD/NZD: headed to 1.1100 should iron ore stabilise – Westpac

Analysts at Westpac's outlook on the antipodean cross and rates... Key Quotes: "AUD/NZD 1 day: Higher towards the 1.1100 area during the week ahead, as long as iron ore continues to stabilise. NZ election uncertainty should also feature. AUD/NZD 1-3 month: September’s downwar ...

The week ahead, preview of key scheduled data-events – Nomura

The week ahead / USA While recent hurricanes continue to introduce uncertainty, we expect core CPI inflation to stabilize around 0.2% m-o-m in September, after a stronger-than-expected August. NY Fed Survey of Consumer Expectations (Tuesday): Inflation expectations ticked down slightly in the Ne ...

Today’s event risk – Westpac

Analysts at Westpac noted the event risk for the start of this week. Key Quotes: "China: Sep Caixin services PMI is released after printing at 52.7 in Aug. While the national non-manufacturing PMI jumped 2.0pts last week to 55.4, note that the composition of the Caixin survey differs due to ...

Dollar turns good, expect a strong Q4 performance? – BBH

Analysts at Brown Brothers Harriman noted that the US dollar turned in a good week. Key Quotes: "It appreciated against nearly all the major and emerging market currencies. The fundamental drivers are well known. The market now recognizes that strong likelihood (near certitude) that the Fe ...

NZ’s general election remains inconclusive – NZ

Analysts at Westpac explained that, on Saturday, the result of NZ’s general election was finalised, but remains inconclusive.  Key Quotes: "Accounting for 422,094 special votes caused the preliminary result to change as expected: Labour and Green each picking up an extra seat ...

Aussie Up In Early Asia, Caixin Services Ahead

Investing.com - The Aussie gained in early Asia on Monday with the pound also quoted higher ahead of a light regional data day and the markets focused on tensions won the Korean peninsula with speculation of a long-range missile test ahead. AUD/USD traded at 0.7775, up 0.12%, while AYD/USD trade ...

Market wrap: US dollar index closed down 0.2% – Westpac

Analysts at Westpac offered a market wrap fro Friday's close. Key Quotes: "Global market sentiment: US bond yields and the US dollar rose after the jobs data, but later reversed on North Korea headlines. The monthly US payrolls report disappointed regarding jobs growth but containe ...

RBS Head Says Banks Need Brexit Transition Details by Early 2018

(Bloomberg) -- Royal Bank of Scotland Group (LON:RBS) Plc Chairman Howard Davies said details of a post-Brexit transitional deal with the European Union need to be outlined in the next five months to stop more financial-services jobs from leaving London. "If there are no details by the firs ...

Gold / Silver / Copper Prices – Weekly Outlook: October 9 – 13

Investing.com - Gold prices rebounded from two month lows on Friday as fresh concerns over tensions with North Korea pressured the dollar lower and bolstered safe haven demand for the precious metal. Gold futures for December delivery settled up 0.48% at $1,279.26 on the Comex division of the Ne ...

Weekly Outlook: October 9 – 13

Investing.com - The dollar turned lower against a basket of the other major currencies on Friday amid fresh worries over tensions with North Korea, giving up earlier gains made after the U.S. jobs report for September showed higher than expected wage growth. The U.S. dollar index, which measure ...

Crude Oil Prices – Weekly Outlook: October 9 – 13

Investing.com - Oil prices plunged on Friday, snapping a multi-week bull run amid renewed oversupply concerns, with investor attention shifting to a potential disruption to crude production and refining capacity in the Gulf of Mexico as Tropical Storm Nate bears down on the region. The Bureau o ...

Economic Calendar – Top 5 Things to Watch This Week

Investing.com - Global financial markets will focus on minutes of the Federal Reserve’s latest policy meeting in the week ahead, as investors look for more hints on the timing of the next U.S. rate hike. Investors will also keep an eye out on a few U.S. economic reports, with Friday's inflation ...