Japan Foreign bond investment: ¥797.6B (April 13) vs ¥-609.4B

AUD/JPY looking for 84.00 as risk appetite swings back

The Aussie is capitalizing on risk appetite in the early Wednesday session to climb higher against the safe haven Yen. Aussie jobs data could drive the market in the early Tokyo markets. The AUD/JPY is walking upwards in the early Asia session, touching into 83.65 as of writing. The Aussie i ...

Japan Foreign investment in Japan stocks declined to ¥308.3B in April 13 from previous ¥332.9B

1Q CPI for New Zealand better than expected

The NZ 1Q CPI came in a little better than expectations of 0.4% vs actual 0.5%. For the year, the data arrived as expected at 1.1% while the last quarter arrived at 0.1% with the YoY at 1.6%. Q1 non-tradable's +0.9% QoQ Nontradable's YoY 2.3% About the Consumer Price Index Consume ...

NZD/USD kicks higher on CPI

  The NZD/USD jumped back to recent highs following the New Zealand inflation figures, and the pair is trading back into 0.7330 as of writing. The Kiwi spiked to 0.7341 immediately following the NZ CPI figures, with the quarterly and year-on-year figures coming in at expectations, at 0.5 an ...

New Zealand Consumer Price Index (YoY) meets expectations (1.1%) in 1Q

New Zealand Consumer Price Index (QoQ) in line with expectations (0.5%) in 1Q

US Fed’s Quarles: not impressed by flattening yield curve

The US Federal Reserve's Randal Quarles is speaking at the Bretton Woods annual meeting today, giving his thoughts on a broad array of topics. Key highlights: Quarles does not see cryptocurrencies posing a risk to financial stability. Suggests that smaller banks should be gettin ...

When is the NZ CPI, and how could it affect the NZD/USD?

New Zealand quarterly CPI overview New Zealand will be dropping the Consumer Price Index figures for 2018's first quarter at 22:45 GMT late Tuesday, and expectations are for a modest 0.5 percent increase in the quarter-over-quarter figure which last posted a meager gain of 0.1 percent, whil ...

USD/CAD: rate differential to exert upward pressure, post BoC – Nomura

Analysts at Nomura explained that at today’s BoC meeting interest rates were unchanged and the BoC kept its cautious and pragmatic stance.  Key Quotes: "We maintain that rate hikes will be gradual, which should see the USD/CAD rates differential continue to exert upward pressure o ...

Market wrap: GBP and Loonie in focus – Westpac

Analysts at Westpac explained that GBP and CAD fell sharply on soft UK CPI data and a cautious Bank of Canada meeting respectively.  Key Quotes: "AUD/USD emerged from NY trade slightly firmer, around 0.7785. US bond yields continued this month's grind higher. Today we see key data ...

AUD/USD couldn’t quite make it to 0.78 ahead of the Aussie jobs report

The Aussie whipped through Wednesday to set new both new a new high and low for the week. Aussie employment figures for early Thursday promise an AUD-shakeup. The AUD/USD is trading near Wednesday's highs, testing around 0.7780 heading into a hectic Thursday session. Antipodeans in focu ...

Wall Street stocks mixed, energy sector leading as crude oil soars

The energy sector was the winner on Wednesday as crude oil WTI soars above levels not seen since late 2014.  Earnings: American Express jumps 3% on earnings, IBM plummets 7.8% and Abbott drops 1.3%. The S&P500 Index closed the day virtually unchanged at 2,709 while the Dow Jon ...