The total volume of retail sales in New Zealand dropped a seasonally adjusted 0.7 percent on quarter, Statistics New Zealand said on Friday - following the downwardly revised flat reading in the three months prior (originally a 0.7 percent increase).
Eight of the 15 industries had lower sales volume
Stocks have shown a strong move to the upside over the course of the trading day on Friday, extending the advance seen in the previous session. With the continued upward move, the tech-heavy Nasdaq has reached its best intraday level in over two months.
The major averages have seen further upside in
Open interest in crude oil futures markets extended the choppy activity and rose marginally by just 44 contracts on Thursday in light of advanced data from CME Group. Volume followed suit and went up by around 95.1K contracts.
WTI: Gains seem limited around $28.00
Prices of the WTI lost some momentu
Following the recent recoveries in oil prices, analysts at JP Morgan anticipate oil prices to surge to $100 in two years. However, the report also cites short-term fears in the report.
We see oil going to $100 within two years.
The near term, clearly, it's very tough.
Oil prices should s
Daily Pivots: (S1) 1.0797; (P) 1.0883; (R1) 1.0944;
Intraday bias in EUR/USD remains on the downside for retesting 1.0635 low. Decisive break there will confirm larger down trend resumption. On the upside, break of 1.0969 minor resistance will extend the corrective rise from 1.0635. Intraday bias wi
The Bank of Japan (BOJ) said in a statement on its website on Monday, banks borrowed $34.85 billion from the central bank’s one-week dollar funding operation, as dollar funding stress haunted the financial markets amid the coronavirus crisis.
The BOJ said last week it will conduct dollar funding ope
At 2.00 am ET Thursday, Destatis has released Germany's GDP data for the third quarter. The euro inched up against its major counterparts after the data.
The euro was trading at 119.60 against the yen, 1.0888 against the franc, 0.8573 against the pound and 1.0999 against the greenback around 2:02 am
US media reporting, get this …. "breaking" news :
A majority of the House now backs impeachment proceedings against President Donald Trump: 218 lawmakers
If you want to stay way ahead of the game make sure you are reading ForexLive, You had this many hours ago:
Trump impeachment update - House ha
Comments by ECB governing council member, Pablo Hernandez de Cos
Measures in the stimulus package are complementary
Dip in services PMI shows rising risk of a global downturn
It points to the global slowdown in Q2 likely to persist in the coming months
Available data indicates euro area economic we
At 2.00 am ET Tuesday, Destatis is scheduled to issue Germany's detailed GDP data. According to preliminary estimate, the economy contracted 0.1 percent sequentially in the second quarter.
Ahead of the data, the euro retreated from its early highs against its major counterparts.
The euro was worth 1
According to Danske Bank analysts, trade war headlines and geopolitical developments remain the key market drivers, although the news flow might calm down compared to the last days after the G7 summit.
“In Italy, look out for the ongoing coalition talks, as a deal seems to be moving close
If you sold in May & went away SOON (TBD) time to return. Many weak market hands may be gone next week - especially if SPX 2825 does NOT hold.
Remember the adage "Buy when there is blood in the streets" so keep powder dry. We first nibble ~MOC
2950 Pivot S1 2925 S2 2790/2800 S3?
This was yeste
- Senior White House officials eye a tax cut to avert slowdown
- Fed's Rosengren talks down the need for rate cuts
- States move forward with antitrust probe on big tech firms
- USD moves to fresh YTD highs
- RBA maintain dovish bias but further evidence needed
- Boris Johnson begins dialogue with t
Forex today was more favourable for risk-FX on and Dollar firmed with yields up.
DXY got a boost from Boston Fed President Rosengren, (hawk).
Forex today was more favourable for risk-FX on, yet again, mixed trade headlines where on one hand, Trump said he wasn't ready to do a deal with China yet t