Market Analysis

The Kiwi Dollar, The economy grew by 0.6%, quarter-on-quarter, in the 4th quarter. In line with forecasts, growth picked up from the 3rd quarter’s 0.3%. According to figures released by NZStats: Growth was attributed to a 0.9% rise in service industries, which was partially offset by 0.2% growth in goods-producing industries. Retail and …

Economic data released through the Asian session this morning was limited to 4th quarter current account figures out of New Zealand. Outside of the numbers, the BoJ released its monetary policy meeting minutes from February. The Kiwi Dollar, The 4th quarter current account deficit narrowed from NZ$6.15bn to NZ$3.26bn, quarter-on-quarter. Forecasts were …

Venezuela has the world’s largest proven oil reserves but mismanagement by the regime led by Nicolás Maduro and falling oil prices sent the economy down and many citizens fleeing to other countries. The oil industry suffered as well. Low investment and US sanctions are set to push output to below 1 million. The …

Economic data released through the Asian session this morning was on the lighter side once more. 1st quarter consumer sentiment figures out of New Zealand and 4th quarter house price figures out of Australia provided direction early on. Outside of the numbers, the RBA released its monetary policy meeting minutes from 5th March. …

The Dollar Market Analysis : Economic data is on the lighter side in the week ahead. January factory orders, due out on Tuesday, kick-off the week. March Philly FED Manufacturing Figures and the weekly jobless claims figures on Thursday will have a greater influence. Prelim private sector PMI numbers and …

US Stock Lead By Tech Companies : The S&P 500 rose to a new high for the year Friday as resurgent technology stocks closed out their best week in four months with solid gains. Financial, health care and consumer stocks also helped lift the market. The gains erased losses from …

The major U.S. stock indexes finished mixed on Thursday with the S&P 500 Index and the NASDAQ Composite finishing lower. Both ended three-day winning streaks in the process. The Dow bucked the trend for the day and its trend for the week by finishing higher for the session. The catalysts …

Economic data released through the Asian session this morning was on the lighter side. January fixed asset investment, retail sales, and industrial production figures were released out of China. Earlier on in the session, February house price figures were also released out of the UK. Out of China, Retail sales …

U.S. and China economic data released on Wednesday and early Thursday yielded different results for investors. With data from the states putting little pressure on the U.S. Federal Reserve to raise interest rates. Over the near-term and data from China leaving investors wondering about the impact of recent stimulus measures. …

Health care and technology companies Health care and technology companies powered stocks broadly higher on Wall Street Wednesday, giving the market its third straight gain. Boeing briefly dipped, but finished slightly higher, after the U.S. said it was joining other countries in grounding the company’s 737 Max 8 airplane following …