Forex Calendar

Eye-Opener: Greece fuelled risk-on move

Reduced concerns about Greece fuelled yesterday a risk-on move in Europe and the US.

AUD plunged 1.8% to 0.767 after the RBA delivered its first rate cut following an 18-month pause.

In an otherwise busy week it is a quiet day in terms of data releases.

Equities are down a bit in Asia after another data disappointment from the US.

China’s disappointing PMI releases, with the official falling to 49.8 and

Regional PMIs surprise positively CBs’ meetings in focus this week.

EURCHF jumped towards 1.05 on news report that SNB may operate an unofficial corridor versus EUR.

Euro PMI manufacturing is due for release and the flash estimates in the periphery will attract most attention.

Growth in the US economy is healthy, but wages pick up only modestly.

Another big week coming up, with the RBA’s first Board meeting of the year tomorrow,

If you want a quick snapshot of all things New Zealand, then Wednesday’s your day!

For some time the big story in the world of economics has been plunging global oil prices,