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HiFX - Latest News [Page 21]

HiFX Morning Update, August 28 2017

Monday, 28 August 2017, 9:06 am | HiFX

The NZD starts the week marginally higher compared with Friday’s open against the USD, but has had a big move lower versus the EUR and GBP. More >>

HiFX Morning Update, August 25 2017

Friday, 25 August 2017, 8:26 am | HiFX

The NZDUSD opens at 0.7209 (mid-rate) this morning. The NZD is marginally lower but remains at risk of falling further after breaking through the 0.7200 key level ahead of the central banker’s symposium in Jackson Hole this weekend. While the ... More >>

HiFX Morning Update, August 24 2017

Thursday, 24 August 2017, 8:30 am | HiFX

The NZDUSD opens at 0.7231 (mid-rate) this morning. The NZD is the worst performing of the G10 currencies, the currency was hit hard yesterday and has continued to struggle overnight. The catalyst for the fall was yesterday’s pre-election fiscal update ... More >>

NZ Govt Pre-election, Economic Fiscal Forecasts

Wednesday, 23 August 2017, 12:49 pm | HiFX

The NZ Government Pre-election, Economic Fiscal Update has just been released. The key points are: 2016/17 operating surplus before gains, losses (obegal) NZ$+3.706 bln (budget forecast $+1.621 bln) 2017/18 Obegal surplus nz$2.869 bln (budget forecast ... More >>

HiFX Morning Update August 23 2017

Wednesday, 23 August 2017, 8:29 am | HiFX

The NZDUSD opens at 0.7278 (mid-rate) this morning. The USD has reversed yesterday’s fall and has been the strongest performer of the G10 currencies. In the absence of any US economic data releases the move appears to be driven by weaker than expected ... More >>

HiFX Morning Update, August 22 2017

Tuesday, 22 August 2017, 8:32 am | HiFX

The NZD has traded tight ranges against all its rivals, with the USD starting off the week on the back foot. In the absence of any tier one economic data investors are once again focusing on growing tensions between the US and North Korea. In reaction ... More >>

HiFX Morning Update, August 22 2017

Monday, 21 August 2017, 8:23 am | HiFX

The NZDUSD opens at 0.7313 (mid-rate) this morning. The NZD along with other commodity linked currencies had a solid end to the trading week on the back of rising commodity prices and an increase in risk appetite following the resignation of Trump’s controversial ... More >>

HiFX Morning Update, August 18 2017

Friday, 18 August 2017, 8:20 am | HiFX

The NZDUSD opens at 0.7294 (mid-rate) this morning. The NZD has traded a 115 point or 1.6% range this week against the USD finishing moderately lower from where it started. NZ producer output prices (the prices producers get for their goods and ... More >>

NZ Q2 Producer Price Index Release

Thursday, 17 August 2017, 11:15 am | HiFX

The NZ Q2 Producers Price Index (PPI) for has just been released. The PPI came in better than expected. NZ PPI Q2 (compared with Q1): PPI Inputs +1.4% Consensus +0.9% PPI Outputs +1.3% Consensus +0.7% The NZD-USD is little moved in immediate response. ... More >>

HiFX Morning Update, August 17 2017

Thursday, 17 August 2017, 8:27 am | HiFX

The NZDUSD opens at 0.7317 (mid-rate) this morning. This morning’s FOMC meeting minutes have shown there is a growing split between policy makers on the timing of future interest rate hikes, with some officials arguing that the FOMC “could afford ... More >>

HiFX Morning Update, August 16 2017

Wednesday, 16 August 2017, 8:14 am | HiFX

The NZDUSD opens at 0.7238 (mid-rate) this morning. A combination of broad USD strength and a fall in dairy prices has seen the NZD underperform overnight. The NZD is the weakest of the G10 currencies with the NZDUSD currently trading at 5-week lows. This ... More >>

HiFX Morning Update, August 15 2017

Tuesday, 15 August 2017, 8:54 am | HiFX

The NZDUSD opens at 0.7295 (mid-rate) this morning. The USD has started the week on the front foot as geopolitical tension between the US and North Korea eases. Assisted by yesterday’s standout retail sales report the NZD has held up well. New Zealand ... More >>

HiFX Data Update - NZ Q2 Retail Sales Release

Monday, 14 August 2017, 11:21 am | HiFX

Actual Q2 Retail Sales rose 5.4% compared with same quarter last year (4.6% forecast). I expect the Lion’s supporter’s spending would have impacted these figures. More >>

HiFX Morning Update, August 14 2017

Monday, 14 August 2017, 8:23 am | HiFX

The NZDUSD opens at 0.7312 (mid-rate) this morning. The USD is lower across the board as yet again US economic data releases fell short of market expectations. Late on Friday the US Labor Department reported a 0.1% rise in the consumer price index following ... More >>

HiFX Morning Update, August 11 2017

Friday, 11 August 2017, 8:19 am | HiFX

The NZDUSD opens at 0.7285 (mid-rate) this morning. The Kiwi is lower again overnight as tension mount over North Korea. The Japanese Yen and gold are the biggest benefactors from safe haven flows. The NZD has traded 169 point range this week or 2.2% and opens ... More >>

As Expected, RBNZ Maintains OCR at 1.75%

Thursday, 10 August 2017, 10:11 am | HiFX

The RBNZ have maintained the Official Cash Rate (OCR) at 1.75%. This was widely expected. The key points in the RBNZ statement are: More >>

HiFX Morning Update, August 10 2017

Thursday, 10 August 2017, 8:36 am | HiFX

The NZDUSD opens at 0.7328 (mid-rate) this morning. Mounting geopolitical tensions between the US and North Korea has seen investors move away from riskier assets such as equities to safe havens like gold. Gold futures which are currently up 1.6% posting ... More >>

HiFX Morning Update, August 9 2017

Wednesday, 9 August 2017, 8:43 am | HiFX

The NZDUSD opens at 0.7325 (mid-rate) this morning. The NZD has once again underperformed in what has been a fairly quiet night for both currency and equity markets. The USD strengthened against the other majors after the JOLTS job opening figures which came ... More >>

HiFX Morning Update, August 8 2017

Tuesday, 8 August 2017, 8:40 am | HiFX

The NZDUSD opens at 0.7355 (mid-rate) this morning. In a delayed reaction to yesterday’s RBNZ inflation expectations the NZD has weakened against all its trading rivals and is the worst performing of the G10 currencies over the past 24h hrs. The latest quarterly ... More >>

HiFX Morning Update, August 7 2017

Monday, 7 August 2017, 8:15 am | HiFX

The NZDUSD opens at 0.7409 (mid-rate) this morning. The USD rebounded late on Friday following the release of this month’s US non-farm payrolls job report. The keenly awaited report showed employment in the US for the month of July increased by 209k ... More >>

   

 
 
 
 
 

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