Strong NZD is making matters more complicated for RBNZ
Mar 09, 2016 14:32 pm UTC| Commentary Central Banks
Strong NZD is making matters more complicated for RBNZ Reserve Bank of New Zealand will announce its rate decision early tomorrow followed by a press conference of the RBNZ Governor Wheeler. No changes are expected for...
Commodities snapshot (precious & industrial)
Mar 09, 2016 14:19 pm UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold - Gold is down today over fading risk aversion, however receiving big inflows. Todays range $1265-1249 Gold is currently trading at...
Mar 09, 2016 13:47 pm UTC| Commentary
Energy pack is green in todays trading. Weekly performance at a glance in chart table. Oil (WTI) - WTI is crawling back yesterdays big loss. Further rise is likely. Todays range $36.2-37.4 WTI is currently trading at...
Currency snapshot (commodity pairs)
Mar 09, 2016 13:27 pm UTC| Commentary
Dollar index trading at 97.33 (+0.13%) Strength meter (today so far) - Aussie +0.76%, Kiwi +0.52%, Loonie +0.08% Strength meter (since last week) - Aussie +0.82%, Kiwi -0.44%, Loonie -0.67% AUD/USD - Trading at...
Mar 09, 2016 13:06 pm UTC| Commentary Central Banks
Today Bank of Canada (BOC) is to provide further guidance in policy meet. Result to be announced at 15:00 GMT. Current policy measures BOC is maintaining overnight deposit rate at 0.5% Core objective of BOC...
Mar 09, 2016 12:49 pm UTC| Commentary Central Banks
Today Reserve Bank of New Zealand (RBNZ) will announce after meeting monetary policy decisions at 20:00 GMT. Economic condition New Zealands economy overall remained robust throughout the crisis of 2008/09 however...
Bank of Canada likely to hold rates today
Mar 09, 2016 12:46 pm UTC| Commentary Central Banks
The Bank of Canada is expected to keep interest rates unchanged today. Canadas inflation in January was 2%, which is the central banks target rate. The recent increase in oil prices and the outlook of a fiscal stimulus...
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