Japan Money Supply M2+CD (YoY) above expectations (3.2%) in April: Actual (3.3%)

AUD/JPY mounts the 82.00 handle as market confidence returns, for now

Aussie climbs for the second day in a row against the Yen, squeezing at the top to make it a third. Australian Home Loans figures at 01:30 GMT. The Aussie bounded higher against the Yen in Thursday's trading, climbing above the82.00 handle and currently testing around 82.40 heading throug ...

Five Star and League have the next 24 hours to form a government – ANZ

Analysts at ANZ explained that the Italian President gave Five Star and League the next 24 hours to form a government.  Key Quotes: "If successful, it will be the first "populist" government for a major Euro-area economy." "The Five Star say they want to "chang ...

NZD/USD: bulls aiming for break of 0.70 the figure

NZD/USD:  bulls flexing muscles in minor correction, eye break to 0.70 handle. NZD/USD: technicals lean bearish longer term, RSI negative.  NZD/USD has popped higher, having a go at the previous highs set post the CPI data miss overnight. NZD/USD has Currently, NZD/USD is trading a ...

Ireland Consumer Confidence: 104 (April) vs previous 108.1

New Zealand Food Price Index (MoM): 0.1% (April) vs previous 1%

US diplomats have to impose Iran oil curbs at home – Reuters

As reported by Reuters, a small department within the US government, the Bureau of Energy Resources, is now responsible for convincing US companies and foreign governments with cutting imports of Iranian crude oil following the restoration of sanctions against Iran. Key quotes "The Burea ...

New Zealand Business NZ PMI rose from previous 52.2 to 58.9 in April

Iran’s Oil Minister: oil exports won’t change much despite sanctions

Iranian Oil Minister Zanganeh notes that US sanctions on Iran will have limited impact on Iran's oil production. Key highlights Iran needs foreign investment but can survive without it. Iran prefers $65/barrel crude. Trump is being dishonest about oil prices; wants higher crude prices. Irania ...

Time running out for NAFTA deal – Reuters

As reported by Reuters, a deadline of May 17th or 18th has been imposed by the US side of NAFTA negotiations, and while participants are hopeful, there's still a lot of ground to cover. Key quotes "Mexico on Thursday indicated time was running out to see whether NAFTA nations could agre ...

Peru stocks higher at close of trade; S&P Lima General up 0.55%

Investing.com – Peru stocks were higher after the close on Thursday, as gains in the S&P Lima Juniors, Mining and Industrials sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.55%. The best performers of the session on the S&P Lima General were Sider ...

Wall Street stocks lifted by low inflation, earnings and trade war optimism

The worse-than-expected inflation data on Thursday was cheered by stock investors. Investors have been ignoring stellar earnings so far. The US-China trade war is one the worst factors that can hamper stock growth. ​​​​​​US stocks ended the day with solid gains. The S&P 500 rose 0.94% to 2, ...

University of Michigan consumer sentiment preview – Nomura

Analysts at Nomura explained that various consumer sentiment surveys have recently sent mixed signals. In the final reading of the University of Michigan consumer survey for April, consumer sentiment deteriorated somewhat as a number of respondents spontaneously mentioned concern about US trad ...