 New Zealand BUY/SELL
|
|
|---|---|
| NZD/AUD | 0.7763-0.7809 |
| NZD/CAD | 0.8245-0.8295 |
| NZD/CHF | 0.7508-0.7554 |
| NZD/DKK | 4.6300-4.6578 |
| NZD/EUR | 0.6227-0.6265 |
| NZD/FJD | 1.4206-1.4292 |
| NZD/GBP | 0.5267-0.5299 |
| NZD/HKD | 6.3970-6.4354 |
| NZD/IDR | 7468.4274-7513.3728 |
| NZD/INR | 40.6124-40.8568 |
| NZD/JPY | 66.2468-66.6454 |
| NZD/SEK | 5.4939-5.5269 |
| NZD/SGD | 1.0377-1.0439 |
| NZD/THB | 25.2136-25.3654 |
| NZD/USD | 0.8248-0.8298 |
| NZD/ZAR | 6.3834-6.4218 |
| Money Market | |||
|---|---|---|---|
| O/N | 3 Month | 6 Month | |
| AUD | 4.75 | 4.35 | 4.35 |
| USD | 0.25 | 0.25 | 0.25 |
| GBP | 0.50 | 0.50 | 0.50 |
| EUR | .25 | .30 | .30 |
| NZD | 2.50 | 2.50 | 2.50 |
| Stocks | |
|---|---|
| All Ord | 4372 |
| DOW | 12951 |
| NASDAQ | 2938 |
| FTSE | 5916 |
| NZSE | 3328 |
| Commodities | |
|---|---|
| Gold | 1726 |
| Oil | 120 |
Collinson Forex Ltd
New Zealand 0800 338 838
European markets remained calm although expectations are very low of Greek ability to implement promised austerity measures. Fitch reviewed Greek lower from CCC to C with default now highly likely. The EUR remained steady trading at 1.3250 and the GBP 1.5675. The weaker sentiment permeating markets after reaching technical peaks had origins in the earlier Chinese PMI data showing a contraction of the manufacturing sector for the fourth straight month. European demand is likely to impact China as this is their biggest export month. In the US, Existing Home rose 4.3% for the month but December was revised lower so had little impact. Weekly Mortgage Applications dropped 0.5% but the environment is a lot more positve than last year. The AUD dropped to 1.0640 with the Political situation deteriorating fast. Foreign Minister Rudd has dramatically resigned in preparation to challenge PM Gillard to retake his old job. Politicos love the drama and this will dominate the local markets until next week when a vote and possible resolution will be made. The KIWI followed the AUD lower dipping under 0.8300.
20/2 US Markets closed for Presidents Day, NZ Producer Prices, UK Home Prices
21/2 RBA Minutes, Chicago Fed National Activity Index, EU Consumer Confidence
22/2 Aust Leading Index, China PMI, German PMI, EU PMI, Bank of England Minutes, US Weekly Mortgage Applications, Existing Home Sales
23/2 US Weekly Jobless Claims, US Home Price Index
24/2 German GDP, German Import and Exports, UK GDP, University of Michigan Consumer Confidence, US New Home Sales
The details expressed in this website and accompanying documents or transmissions are for information purposes only and are not intended as a solicitation for funds or a recommendation to trade. Collinson Forex Ltd accepts no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the information contained or related to this site.
Collinson & Co Inc
United States 1888 625 7833
European markets remained calm although expectations are very low of Greek ability to implement promised austerity measures. Fitch reviewed Greek lower from CCC to C with default now highly likely. The EUR remained steady trading at 1.3250 and the GBP 1.5675. The weaker sentiment permeating markets after reaching technical peaks had origins in the earlier Chinese PMI data showing a contraction of the manufacturing sector for the fourth straight month. European demand is likely to impact China as this is their biggest export month. In the US, Existing Home rose 4.3% for the month but December was revised lower so had little impact. Weekly Mortgage Applications dropped 0.5% but the environment is a lot more positve than last year. The AUD dropped to 1.0640 with the Political situation deteriorating fast. Foreign Minister Rudd has dramatically resigned in preparation to challenge PM Gillard to retake his old job. Politicos love the drama and this will dominate the local markets until next week when a vote and possible resolution will be made. The KIWI followed the AUD lower dipping under 0.8300.
20/2 US Markets closed for Presidents Day, NZ Producer Prices, UK Home Prices
21/2 RBA Minutes, Chicago Fed National Activity Index, EU Consumer Confidence
22/2 Aust Leading Index, China PMI, German PMI, EU PMI, Bank of England Minutes, US Weekly Mortgage Applications, Existing Home Sales
23/2 US Weekly Jobless Claims, US Home Price Index
24/2 German GDP, German Import and Exports, UK GDP, University of Michigan Consumer Confidence, US New Home Sales
The details expressed in this website and accompanying documents or transmissions are for information purposes only and are not intended as a solicitation for funds or a recommendation to trade. Collinson Forex Ltd accepts no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the information contained or related to this site.
