Opposition party: UK must have power to stop ‘no deal’ Brexit – Reuters

As reported by Reuters, the UK's Labour opposition party will be demanding that the UK's parliament will have the final say in any Brexit deals, including the power to send ministers back for more negotiations instead of an outright exit without a deal in place. Key highlight ...

Treasury Sec Mnuchin: US, S. Korea close to ‘win-win’ deal – Fox News

US Treasury Secretary Steven Mnuchin is addressing negotiations between the US and South Korea in an interview on Fox News, regarding the US' recent steel and aluminum tariffs. Key highlights Mnuchin has stated that the US and South Korea have come to an agreement and clinched the revision o ...

NZD/USD holding steady following mixed Trade Balance figures

NZD moving quietly at the week's outset. NZ trade balance sees $3 billion deficit still at play. RBNZ adds employment targets to operational mandates. The Kiwi is trading quietly to kick off the new week despite a quick flurry of news in New Zealand Trade Balance and the Reserve Bank o ...

New Zealand Trade Balance (YoY) up to $-3.02B in February from previous $-3.22B

New Zealand Imports declined to $4.24B in February from previous $4.87B

First impressions on the RBNZ’s new PTA – Westpac

Westpac analysts are out with a note delving further into details about the Reserve Bank of New Zealand's (RBNZ) updated Policy Target Mandate, and what it could mean looking forward. Key highlights As Westpac noted, "The RBNZ will continue to target 1% to 3% inflation, with a focus o ...

New Zealand Trade Balance: upside swing to February’s data

Statistics New Zealand is out with New Zealand's latest Trade Balance figures for February. New Zealand's monthly trade balance came in at a surplus of $217 million, led by a surge in exports to all of New Zealand's top trading partners thanks to an $85 million increase in the tota ...

New Zealand Exports rose from previous $4.31B to $4.46B in February

New Zealand Trade Balance (MoM): $217M (February) vs $-566M

AUD/USD: little data and tariff tensions keep markets sedate

no Aussie data until Tuesday's Home Sales and RBA speech. China-US heat-up in tariff threats is piquing market tension. The AUD/USD kicks off the new trading week at the 0.7700 handle, and upside potential is looking limited as a decidedly thin showing on the macro calendar leaves the pai ...

gbpusd

After a wobble in European trade, GBP/USD was better bid in NY on the back not only a weaker dollar but due to the BoE hawks and recent domestic bullish economic data. GBP/USD traded in a range of between 1.4101-1.4171, closing the week off at 1.4152 making for the best gain in eight weeks. Th ...

When is the Kiwi trade balance and how could it affect the NZD/USD?

New Zealand Trade Balance overview The monthly Trade Balance figure from Statistics New Zealand gives insight into the economic conditions within New Zealand, whose economy is heavily trade-dependent. NZ is a major exporter of dairy goods and other agricultural products, and an importer o ...

eurusd

EUR/USD was benefitting on safe-haven flows in Friday, entering US trade +0.22% while the DXY was handed over to NY down -0.18% while traders concerns had been heightened with China urging the US away from a full-on trade war, after announcing tariffs of 15% to 25% on 128 US imports that accoun ...

Incoming RBNZ Governor Orr: pleased with new target agreement

Incoming Reserve Bank of Zealand (RBNZ) Governor Adrian Orr is speaking following the release of the newly-updated Policy Target Agreement (PTA). Orr, who takes over the helm of the RBNZ on Tuesday, March 27th, says he's pleased with the strong focus on price stability still deeply in th ...

RBNZ adds jobs mandate to PTA

The Reserve Bank of New Zealand (RBNZ) has added a jobs mandate to the Policy Target Agreement (PTA), an update to the central bank's policy targets that is signed each time a new Governor of the RBNZ is brought on board. Adrian Orr will be taking over the helm of the RBNZ effective on th ...

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