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01 Oct 2007: Asian Market Update: BoJ
The BoJ's Q3 Tankan suvey came in mixed. The large manufacturers component (Q3 TANKAN LARGE MANUFACTURERS: 23 V 21E (23 PRIOR)) and the large all industry CAPEX (Q3 TANKAN LARGE ALL INDUSTRY CAPEX: 8.7% V 7.5%E (7.7% PRIOR) ) components were better than expected. ...
01 Oct 2007: Solid economy powers on
In another blow for the RBNZ, Friday's GDP data showed strong growth of 0.7% over the June quarter, bringing annual growth to 3.2%. The GDP figure for the March quarter was also revised upwards from 1.0% to 1.2%. ...
01 Oct 2007: The Word of Majors
EUR/USD: on track to 1.4500, only slipping below 1.4230 hints of a correction lower. Prices keep pushing higher and have sliced through a number of projected possible tops. ...
28 Sep 2007: USD eases on growing housing concerns, as New Home Sales a seven year low
CURRENCY TRADING SUMMARY
U.S. Dollar Trading (USD) fell against a basket of majors following a poor reading in US New Home Sales on Thursday. ...
U.S. Dollar Trading (USD) fell against a basket of majors following a poor reading in US New Home Sales on Thursday. ...
28 Sep 2007: Confidence reflects on NZD
Business confidence data has triggered some upwardmomentum for the NZD, with the climb continuing in offshore trade overnight Thursday.
Also fuelled by a general pickup in market risk appetite and buoyant equity markets, the NZD/USD rose above 0.7500 overnight, levels not seen for six weeks. ...
Also fuelled by a general pickup in market risk appetite and buoyant equity markets, the NZD/USD rose above 0.7500 overnight, levels not seen for six weeks. ...