Japan JP Foreign Reserves rose from previous $1264.3B to $1268.5B in January

US trade balance – widest deficit since October 2008 – ANZ

Analysts at ANZ explained that the US trade balance came in at -$53.1bn – the widest deficit since October 2008. Key Quotes: "Imports were up 2.5%, with exports up 1.8%. Consumer goods and autos drove imports, highlighting firm domestic growth momentum. Exports rose due to industria ...

RBNZ rate hold likely, but watch for tone shift – TDS

Key points from a TDS note regarding New Zealand's economic outlook and the upcoming RBNZ Rate Statement, tomorrow at 20:00 GMT. The unemployment rate fell to 4.5% in Dec qtr 2017 due to employment expanding by +0.5%/qtr and the participation rate ticking down to 71%. Private secto ...

Key US data events reviewed – Nomura

Analysts at Nomura offered their reviews for the US data. Key Quotes: "Review Trade balance: The trade deficit widened to $53.1bn in December from $50.4bn in November, which is a wider trade gap than both our and consensus expectations (Nomura: $51.2bn deficit, consensus: $52.1bn deficit) ...

Kiwi Down In Asia After Mixed Jobs Data, Eye On Dollar After US Rebound

Investing.com - The kiwi fell after mixed jobs data on Wednesday with markets keeping a close eye on the dollar following a US market recovery overnight. NZD/USD traded at 0.7331, down 0.13%. New Zealand reported fourth quarter labor cost index data with a 0.4% gain on quarter, compared to a 0.5 ...

Crypto recovers following blowout, BTC back up from 6,000 low

Bitcoin manages to halt market slide for now, bounces from 6,000.00. Cryptos under pressure as China and others shut the door on crypto trading. Crypto markets have recovered from their recent disastrous rout that saw Bitcoin tank from a December high of 19,891.00 to the 6,000.00 mark ...

NZD/USD: a positive start to 2018 – Westpac

Analysts at Westpac explained that export commodity prices have started 2018 on a firm footing thanks in part to the buoyant global trade backdrop. Key Quotes: "The weaker NZ dollar over the course of 2017 has also boosted farm gate returns. Recent dairy auction outturns have led us to revis ...

USD/CAD

USD/CAD drops in NY as Dollar returns to weakness. CAD Unemployment coming up on Friday. USD/CAD ended New York down, and is currently consolidating in the Asia session just underneath the 1.2500 major handle. The US Dollar has appreciated over the Loonie in recent days as global equities hav ...

Australia AiG Performance of Construction Index up to 54.3 in January from previous 52.8

Mexico stocks lower at close of trade; S&P/BMV IPC down 2.16%

Investing.com – Mexico stocks were lower after the close on Tuesday, as losses in the Consumer Staples, Industrials and Financial Services sectors led shares lower. At the close in Mexico, the S&P/BMV IPC lost 2.16%. The best performers of the session on the S&P/BMV IPC were Grupo ...

AUD/USD ends the day up on the Dollar, back up near 0.7900

AUD/USD finds a bump from NZ jobs data. RBA policy statement Friday. AUD/USD got a bump at the end of the New York session when the Aussie's closest relative, NZD, jumped following positive jobs data. The boost gave AUD/USD the foothold it needed to end the day testing the major 0.790 ...

Markets a little less bumpy in NY – ANZ

Analysts at ANZ explained that the ride in markets was a little less bumpy once the US session got underway, although the majority of recent moves have occurred in the late NY afternoon, so it could be one of temporary stability. Key Quotes: "The Dow opened down 500 points, but quickly shot u ...

NZD/USD challenging 10-D SMA on jobs data beat, but running out of steam

,NZD rallies on jobs data. NZD/USD to remain capped below 0.7320. NZ jobs employment change was a beat and so to was the participation rate. The unemployment rates were lower and all in all, the report was slid. Currently, NZD/USD is trading at 0.7344, up 0.59% on the day, having posted ...

Crude oil up on API data, sees 63.80/barrel

API crude stock 1.05M vs 3.229M previous reading. Initial market reaction to declining stocks halts oils decline for now. WTI crude is jumping following API Weekly Crude Oil Stock data, with US crude climbing forty cents a barrel to 63.80 on initial reaction; the API release shows ...