Forex News

Norway: GDP growth stronger than expected

Mainland GDP was stronger than expected. Underlying growth was stronger than expected by Norges Bank.

China: PMI dips to get APEC blue

Preliminary data of the HSBC/Markit PMI showed this morning that the Chinese manufacturing sector has

UK: Slight increase in inflation

CPI increased by 0.1% m/m in October, and the year on year figure rose to 1.3%, slightly higher than expected.

Euro area: GDP a bit stronger than expected, slow growth ahead

It could have been worse. With GDP growth of 0.2% q/q in Q3, the Euro-area economy grew a bit more

NZD Corporate FX Update

The USD has remained ascendant over the past month, and rightly so.

NZ Macro Metrics Show Low Misery

The NZ economy has performed strongly over the past year,

QIII Wage Price Index (WPI)

Today’s 0.6% rise in the QIII WPI was bang on market expectations which centred on a rise of 0.6% {CBA (f) 0.7%}.

Consumer Sentiment – November 2014

The Westpac-Melbourne Institute Index of Consumer Sentiment recorded asmall lift over November.

Sweden: Unexotic Riksbank

The Riksbank minutes from the 27 October monetary policy meeting were characterized by the decision to cut the repo rate to 0.00 per cent.

Swedish October CPI

CPIF 0.1% point higher than expected, including the Riksbank’s view

Housing Finance – September 2014

The number of loans to Owner-Occupiers (OOs) fell by 0.7% in September, to be 0.5% lower than a year ago.

BoE: No actions taken

As expected the Bank of England (BoE) maintains the repo rate unchanged at 0.5% and