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AUD/NZD oscillating near trend line resistance; Diagonal Bull Call hedges NZD

Jun 02, 2015 07:02 am UTC| Insights & Views

The pair is trading at 1.0789 which is crucial resistance near trend line on daily charts.The bullish engulfing pattern candlestick occurred at the same stage to add more downward pressure to NZD.The other oscillating...

Guide to today’s important data and events

Jun 02, 2015 06:35 am UTC| Insights & Views

Lot of economic dockets scheduled for today, with moderate risk associated. Focus is on Euro zone inflation and factory orders from US. Data released so far - Australia - Quarter one current account deficit came at...

RBA rate cut, NZ trade terms plunges Kiwi’s currency

Jun 02, 2015 06:26 am UTC| Insights & Views

RBA keeps interest rate (cash rate) unchanged at 2.0% which is as per forecasts. The cash rate is the rate charged on overnight loans between financial intermediaries, is determined in the money market as a result of the...

Crude price halts losses on OPEC meeting

Jun 02, 2015 05:37 am UTC| Insights & Views

Near month Brent crude futures have declined to USD 64.78 per barrel by 02:27 GMT on Tuesday while US crude was down at USD 60.15 a barrel.Crude oil dipped on Tuesday on expectations that OPEC (Organization of the...

Equity snapshot (indices)

Jun 01, 2015 15:49 pm UTC| Insights & Views

Equities are mixed across globe today. Performance this week at a glance in chart table - SP 500 - SP is down as dollars rise and yields move higher. PCE income grew by 0.4% m/m in April, while expenditure remained...

Currency snapshot (major pairs)

Jun 01, 2015 15:22 pm UTC| Insights & Views

Dollar index trading at 97.53 (+0.67%). Strength meter (today so far) - Euro -0.91%, Franc -0.70%, Yen -0.45%%, GBP -0.65% Strength meter (since last week) - Euro -0.91%, Franc -0.70%, Yen -0.45%%, GBP -0.65% EUR/USD...

Currency snapshot (commodity pairs)

Jun 01, 2015 15:03 pm UTC| Insights & Views

Dollar index trading at 97.48 (+0.62%). Strength meter (today so far) - Aussie -0.25%, Kiwi +0.03%, Loonie -0.75%. Strength meter (since last week) - Aussie -0.25%, Kiwi +0.03%, Loonie -0.75%. AUD/USD - Trading at...

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Science

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Technology

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SK Hynix Inc. is seeing overwhelming investor interest in its planned $28 billion U.S. listing, with demand reportedly exceeding the number of shares available by several times, according to a Bloomberg News report on...
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