Filtered by date: 02.10.2019. Clear
  • Softer Outlook For NZD Economy

    The release of the NZIER’s Quarterly Survey of Business Opinion suggests an increased likelihood that we could see negative rates in New Zealand at some point in the future. Currently, the RBNZ projects that the level of rate cuts and fiscal easing in play will be enough to fuel a pickup in economic growth, taking […]

  • UK PM To Submit Fresh Brexit Deal To EU

    New Brexit Proposals On The Table As the October 31st Brexit deadline draws closer, there is still a great deal of uncertainty about how the UK will leave the EU or if it will at all. Under new legislation passed recently by MPs (Benn Bill) parliament now has until October 19th to approve a Brexit […]

  • Trade of the Day Adding To EURUSD Longs

    Trade of the Day Adding To EURUSD Longs BUY EURUSD 1.0945  STOP 1.0880 TARGET 1.11  (Risk 0.50%, trade valid until 5PM EST) EUR: The Eurozone’s manufacturing PMI printed at 45.7 in September, the lowest since October 2012, as new orders and output slipped further. In particular, the German manufacturing PMI also retreated to 41.7, the […]

  • Daily Market Outlook, October 2, 2019 

    Daily Market Outlook, October 2, 2019  Main Market Themes Stocks sold off and bonds rallied overnight as poor US manufacturing data rekindled worries over the outlook of the world’s largest economy. Markets were slammed by the weakest ISM manufacturing PMI in a decade which printed its second month of sub-50 reading, echoing the synchronised manufacturing […]

  • Daily Commodity Coverage: 2 Oct, Wednesday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:   USDCAD Technical Analysis:   USDNOK Technical Analysis: