Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone 
Goldman Sachs Flags 3 Key Risks Ahead of Europe’s Earnings Season 
Vietnam’s population hit the 100 million milestone. Where’s it headed? 
Goldman AM Sees Strong Buyout Opportunities in Japan, South Korea and Australia 
In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land 
Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 
Smartphones are helping filmmakers tell the stories the movie industry overlooks 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
The US dollar carries on its rally since Friday after a strong inflation report and comments last week from Janet Yellen that seemed to indicate that an interest rate increase remains on the table.
On the opposite side of the US Fed is the RBNZ which may reverse its interest increases with a cut in the near term.
Expectations that the Reserve Bank may cut interest rates as early as next month's meeting are also weighing on the NZD, Kelleher said.
Traders are pricing in a 50% chance of a cut at the RBNZ's June 11th monetary policy statement.
Data events lined up for this week:
- NZ is scheduled to announce trade balance MoM amid the majority of the US and European markets are off today.
- NZ building permits for April MoM is scheduled to be released on Friday. The building permits in New Zealand increased to 924.83 NZD million in March of 2015 from 769.23 NZD million in February of 2015.
- ANZ business confidence is also lined for data announcement on this Friday. The business confidence in New Zealand decreased to 30.20 in April of 2015 from 35.80 in March of 2015.
It has been gradually declining as the US dollar recovered its momentum.
