Scoop has an Ethical Paywall
HiFX Morning Update, April 21 2017
HiFX Morning Update, April 21 2017
The NZDUSD opens at
0.7013 (mid-rate) this morning.
The NZDUSD traded a 52 point range or 0.74% in the last 24 hours. The Kiwi rallied strongly after yesterday’s better than expected CPI but slipped back again in the US session to open modestly higher against most currencies.
Results from the April U.S. Manufacturing Business Outlook Survey suggest that regional manufacturing activity continued to expand, but at a slower pace than last month. The index for current manufacturing activity in the region decreased from a reading of 32.8 in March to 22.0 this month.
In the week ending April 15, the advance figure for U.S. seasonally adjusted initial claims was 244,000, an increase of 10,000 from the previous week's unrevised level of 234,000. The 4-week moving average was 243,000.
Data releases tonight include CAD CPI, US PMI and Existing Home Sales, FOMC Member Kashkari Speaks, and International Monetary Fund Meetings are held Saturday and Sunday.
European equity markets are higher: Dow +0.98%, S&P 500 +0.87%, FTSE +0.06%, DAX +0.09, CAC +1.48%, Nikkei -0.01%, Shanghai -+0.04%.
Gold prices are down 0.1%
currently trading at $1,281 an ounce .WTI Crude Oil is
currently down 0.7% trading at $49.90 a barrel.
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
John Mazenier: Gaffer Tape And Glue Delivering New Zealand’s Mission Critical Services
Earthquake Commission: Ivan Skinner Award Winner Inspired By Real-life Earthquake Experience
Reserve Bank: Consultation Opens On A Digital Currency For New Zealand
NIWA: Ship Anchors May Cause Extensive And Long-lasting Damage To The Seafloor, According To New Research
New Zealand Customs Service: A Step Forward For Simpler Trade Between New Zealand And Singapore
Horizon Research: 68% Say Make Banks Offer Fraud Protection
