NZD/USD: all eyes on the dairy market tonight – ANZ

Analysts at ANZ explained that the Kiwi lost a little ground overnight as topside resistance held firms.  Key Quotes: "Locally, the dairy auction tonight shouldn’t move things around much with a relatively benign result (small decline?) expected. Offshore USD forces remain very muc ...

What developments cause a downward correction in equity markets? – Natixis

Analysts at Natixis Economic Research asked the question "what developments seem to cause a downward correction in equity markets?' and concluded the following: Key Quotes: "Downward corrections in equity markets in the United States and the eurozone are always linked to (ar ...

USD/JPY clawing back after two weeks of declines

USD/JPY climbing back up on USD rebound. BoJ ready to intervene if Yen continues to appreciate. USD/JPY finished Monday higher for a second day in a row, trading near 106.60 heading into the Tuesday overnight session. The Yen has gained aggressively lately, closing higher against the US Dolla ...

RBA’s Bullock crossing the wires

Michele Bullock who is the Assistant Governor Financial System is currently speaking at the Responsible Lending and Borrowing Summit in Sydney. RBA's Bullock: Banking system is strong and well capitalised, supported by prudent lending standards. RBA's Bullock: Mortgage stress still lo ...

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.09%

Investing.com – Mexico stocks were higher after the close on Monday, as gains in the Industrials, Consumer Goods&Services and Financial Services sectors led shares higher. At the close in Mexico, the S&P/BMV IPC gained 0.09%. The best performers of the session on the S&P/BMV IPC were ...

NZD/USD: marked disagreement about where the USD is headed – ANZ

Analysts at ANZ explained that there is marked disagreement currently about where the USD is headed.  Key Quotes: "Since it’s the ‘big half’ of the NZD/USD equation, it matters for New Zealand. Those arguing the USD will weaken point to the US ‘twin deficits&rsquo ...

Forex today: dollar gets a lift in thin holiday trade

Forex today was a holiday in the US session, following China's celebrations of the Lunar New Year, (mainland China closed until Thursday). Many traders in Canada would have been absent also while observing Canada's Family Day. However, while markets were closed, it did not stop th ...

New Zealand Producer Price Index – Input (QoQ) above forecasts (0.3%) in 4Q: Actual (0.9%)

New Zealand Producer Price Index – Output (QoQ) above forecasts (0.4%) in 4Q: Actual (1%)

Peru stocks lower at close of trade; S&P Lima General down 0.14%

Investing.com – Peru stocks were lower after the close on Monday, as losses in the Non-Metal Minerals, Industrials and Mining sectors led shares lower. At the close in Lima, the S&P Lima General declined 0.14%. The best performers of the session on the S&P Lima General were Panoro (LM:PML), ...

Brazil stocks higher at close of trade; Bovespa up 0.32%

Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Basic Materials, Industrials and Electric Power sectors led shares higher. At the close in Sao Paulo, the Bovespa added 0.32%. The best performers of the session on the Bovespa were Gerdau SA Pref (SA:GGBR4), which ...

US futures lower in thin holiday trading

Political jitters hurt demand for US equities, with futures down after advancing for six consecutive days. Crude oil prices extended their latest rally to fresh 2-week highs, limiting indexes' slides. There was no activity in the US this Monday, as markets were closed amid the celebratio ...

Colombia stocks higher at close of trade; COLCAP up 0.42%

Investing.com – Colombia stocks were higher after the close on Monday, as gains in the Investment, Financials and Public Services sectors led shares higher. At the close in Colombia, the COLCAP added 0.42%. The best performers of the session on the COLCAP were Etb (CN:ETB), which rose 2.04% or 9.0 ...