Analyse

Kiwi Rebounds, NZ CPI Climbs; USD/DXY Flat, GBP Tumbles

Kiwi Rebounds, NZ CPI Climbs; USD/DXY Flat, GBP Tumbles

New Zealand’s Kiwi (NZD/USD) rebounded to 0.6317 from its New York close at 0.6275 after New Zealand’s Q2 CPI rose to 1.1% against expectations at 0.9%. The Kiwi settled at 0.6297. Weighed by the lower Kiwi, the Australian Dollar eased to 0.6812 from 0.6837 yesterday.
ACY Securities | vor 835 Tagen
Pound falls after UK inflation data

Pound falls after UK inflation data

Asian markets mixed, China and Hong Kong down on economic concerns. UK inflation data surprises on downside. BoE speech on quantitative tightening awaited. Eurozone CPI due, ECB likely to raise rates. US housing data and retail sales report to be monitored. Pound falls on UK inflation news.
Moneta Markets | vor 835 Tagen
China On Track

China On Track

China GDP came out at a good sounding, despite being below market expectations, annual growth rate of 6.3%.
ACY Securities | vor 836 Tagen
US retail sales data to show economy still growing

US retail sales data to show economy still growing

Asia-Pacific stocks show mixed performance amid Chinese economic growth concerns. Australia may raise interest rates while the US economy resists recession with expected Q2 growth. Despite struggles, US manufacturing sees better production. UK inflation declines, yet exceeds US and Eurozone, suggesting further interest rate hikes. US Treasury bond yields fell, indicating a potential interest rates
Moneta Markets | vor 836 Tagen
About To Get Wild

About To Get Wild

Hold on to your hats things are about to get wild. Did you see that price action in New York on Friday, and in the AUS200 it looks like a classic one day reversal.
ACY Securities | vor 837 Tagen