Forex Analysis
CAD Mid-day Analysis
The Canadian remains under liquidation pressure in the face of alternating leadership bythe US Dollar and the British Pound. Residual strength in the Dollar might be accentuated later today in the faceof an as expected US GDP reading,
GBP Mid-day Analysis
The Pound is sharply lower this morning despite news that UK Dec consumer lending rose to thehighest levels in 5 1/2 years. Perhaps some of the weakness in the Pound is the result of a rebound in sentimenttoward emerging markets and
Central European Daily
The Turkish rate hike calms markets for now The FOMC meeting in focus The Central European region has appreciated certain calm down on emerging markets.
The Global Macro Pulse
The fall in US equity markets overnight combined with the Fed’s additional $10bn taper to drive deeper risk aversion in Asia.
FX Daily
Emerging markets continue to be the focal point. As long as this is the case financial markets will take the lead from the development in the EM currencies and macroeconomic data will be of secondary importance.
EUR/USD Analysis
The pair opened at $1.3663 after a $1.3603 to $1.3677 range in the US last night. The early risk-off environment weighed the pair down to $1.3656 in the early hours as euro-yen also retreated after the lower open in Japanese stocks.
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6561 after rate had recovered off a session low of $1.6526 to $1.6590 ahead of the FOMC announcement,
AUD/USD Analysis
Aussie started the session today at $0.8739 after retreating from last night’s $0.8777 high in the US. Aussie-dollar was initially stuck in a $0.8734 to $0.8750 range in the early hours of the morning,
USD/SGD Analysis
The pair grinded higher in late NY session to end at Sgd1.2775 before Asia stepped in, it inched up to hit session high of Sgd1.2778 during Sydney session before slipping to
USD/JPY Analysis
Another down day for yen crosses as regional stock markets sank and EM market jitters continued to spook the market ahead of the lunar new year holiday weekend.
International Trade Prices – QIV 2013
Both export prices and import prices fell by 0.5% and 0.6% respectively over QIV. The market was anticipating a smallerfall in export prices of 0.2%.and a solid lift in import prices of 2.0%.
Weekly Overview
To help Kiwi businesspeople and householders make informed financial decisions by discussing theeconomy and its implications in a language they can understand.