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U.S. vehicle sales fall again in November

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

U.S. existing home sales rise above expectations in October

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Malaysian headline inflation falls further in October, likely to remain negative in 2020

U.S. Q3 economic growth unrevised in second estimate

Gold at multi-week peaks as dollar slumps after Biden clinches U.S. presidency

Swiss franc likely to gradually depreciate against euro in coming months

Malaysian economic growth rebounds in Q3 2020 on household consumption, exports

Philippine central bank keeps interest rate unchanged at 2 pct

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Swedish economic sentiment indicator rises in November

Bank Indonesia keeps key interest rate on hold at 3.75 pct

U.K.’s headline inflation accelerates in October, likely to remain below 1 pct until Q1 2021

Gold steadies amid concerns over rising virus cases

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Daily outlook for NZD/USD: Westpac

Tuesday, February 24, 2015 7:50 PM UTC

Quotes from Westpac Research:

- NZD/USD 1 day: The downside is vulnerable, we target 0.7420. The currency market has deemed the RBNZ inflation report more dovish for monetary policy than the interest rate market which hardly reacted to it.

- NZD/USD 1-3 month: This corrective rally which started on 3 Feb and reached 0.7573 is running out of steam. Multi-month, we see further downside potential, the next major target being 0.7120. Low inflation and adversely affected agricultural production are local negatives. However, most important will be whether the US dollar extends its multi-year rally.

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Daily outlook for NZD/USD: Westpac

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