• Daily Wrap Up – 2 August

    2 Aug 2017 06:18 PM |

    The New Zealand dollar fell significantly, with the New Zealand dollar hitting its lowest level since July 20 at 0.7390, following the disappointing New Zealand employment data for the second quarter, the employment rate fell by 0.2% against expectations of a 0.7% rise. This is the first time that New Zealand's employment rate has been down for two years, and the positive thing that unemployment fell to 4.8% at its lowest level in eight years.

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  • Daily Wrap Up – 1 August

    1 Aug 2017 09:00 PM |

    The most significant move today was a drop-in oil prices from a two-month high of 50.40$ a barrel to 48.30$ as ample global supplies countered strong demand, as well as expectations of a continuing fall in US crude inventories.

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  • The week ahead (31 July – 4 Aug.): Spot again on NFP, and will BOE surprise the markets?

    30 Jul 2017 10:30 PM |

    As usual, markets are looking to the US non-farm employment data on the first Friday of each month to monitor labor market improvements and the impact on the Federal Reserve rate hike. The Bank of England and the Reserve Bank of Australia will also be in the spotlight. Below are the highlights of the week's important economic data.

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  • Weekly Wrap Up (24-28 July)

    28 Jul 2017 08:07 PM |

    This week, there has been a lack of significant economic data. The start was in Australia, when inflation figures slowed in the second quarter of 2017 unexpectedly, with the consumer price index rising 1.9% year-on-year, while rising 0.2% quarter-on-quarter. The Australian dollar rose throughout the week against the US dollar, to a two-year high of 0.8064.

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  • The week ahead (24 – 28 July) : Nothing new expected from the US Fed

    23 Jul 2017 04:46 PM |

    We will have a new trading week, events and new economic data. This week, the focus will be on the USD and some events that will have a direct impact on it and whether it will recover or continue to weaken after failing to pass the health care law and market uncertainties about Trump's ability to achieve his electoral promises. Discover the most important market drivers during the week:

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  • Weekly Wrap Up (17 – 21 July )

    21 Jul 2017 06:50 PM |

    This week witnessed several important economic data and events that had a significant impact on market movements. The following are the highlights of these movements and their reasons:

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  • Daily Wrap Up – 20 July

    20 Jul 2017 06:56 PM |

    The Australian dollar bounced higher again to opening levels after falling in early trading, following Australian labor market data, which came within the expectations adding 14,000 jobs in June and participation rate rose to a 17-month high of 65%. The reason of declining of AUD is the downward revision of the employment change index and unemployment rate. The AUDUSD is now approaching its daily high of 0.7988, which is also its highest level in more than two years.

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  • Daily Wrap Up – 19 July

    19 Jul 2017 06:22 PM |

    The economic calendar was not full of major economic events today. Most of the moves was in the trading range since of the beginning of the week, as markets awaiting a number of economic data tomorrow, as the Bank of Japan's monetary policy decision is likely to remain unchanged, plus that markets will also be looking closely at the ECB's statement and whether Draghi will give any hint on tightening monetary policy or easing the monetary easing program.

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