Scoop has an Ethical Paywall
HiFX Morning Update, February 28 2017
HiFX Morning Update, February 28 2017
NZDUSD 0.7201 0.1%
NZDEUR
0.6797 -0.2%
NZDGBP 0.5785 0.3%
NZDJPY 81.12 0.5%
NZDAUD 0.9378 0.0%
NZDCAD 0.9462 0.4%
The NZDUSD opens at 0.7201 (mid-rate) this morning.
Markets have once again been very subdued overnight, with very little in the way of economic data until later in the week.
Overnight the US Commerce Department released their durable goods orders report for January with orders bouncing back 1.8% from a December 0.5% fall. Economists had expected the order book to grow by 1.6%.
This morning’s trade balance which is expected to print -3m for the month of January is the only notable data release in our time zone while overnight, tonight the US Prelim GDP q/q followed by their consumer confidence data releases should signal USD direction.
Global equity markets remain mixed- Dow +0.03%, S&P 500 +0.00%, FTSE +0.13%, DAX +0.16%, CAC +0.00%, Nikkei -0.91%, Shanghai -0.76%.
Gold prices are unchanged at $1,256 an ounce, WTI Crude Oil has edged higher, up 0.3% to 54.13 a barrel.
Upcoming Data releases (NZST):
ends
HiFX
International Payments Expertly Done
HiFX is one of the largest foreign exchange and international payment specialists in the world, managing over $30 billion on behalf of over 100,000 clients worldwide every year.
Large enough to undertake the biggest transactions, yet small enough to care about each and every one – send and receive overseas payments and manage your account anytime, anywhere. HiFX gives you the flexibility you need to transfer money quickly and easily via a secure online platform 24 hours a day, seven days a week - making moving money as easy as 1,2,3.
HiFX Ltd ABN 54 106 779 953/ AFSL No 240914
University of Canterbury: What Makes People Tick Environmentally?
Gallagher Security: Release Of New Command Centre Unlocks New Era Of Security Tech
Fix & Fogg: NASA Hand-picks Kiwi Nut Butter Brand To Travel To Space In NZ First
Citizens of the Sea: Sailors To Revolutionise Our Understanding Of Pacific Biodiversity
Netsafe: Making A Splash With Online Safety: Netsafe Launches New Flagship Programme For Kids
NZGBC: Flood Resilience PhD Student Widi Auliagisni Named Future Thinker Of The Year 2024
