MNI: Canada Apr-Sept Budget Deficit Widens On Spending

CANADA'S TRUDEAU: I CONTINUE TO HAVE GOOD TALKS WITH TRUMP

MNI BRIEF: Little Macro Difference On Rate Oprions- de Guindos

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

CANADA Q3 GDP ANNUALIZED +1.0% AS EXPECTED ON GOVT, CONSUMERS

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Holding Early Gains, PSI Ticks Higher In September

NZD

NZD/USD prints at $0.5910/15, the pair is ~0.5% firmer this morning.

  • Kiwi has held onto its early gains and is now consolidating above the $0.59 handle. The majority of Friday's losses have been erased.
  • Bulls focus on the 20-Day EMA ($0.5952). Bears look to move below the $0.59 handle to target the YTD low at $0.5860.
  • AUD/NZD is ~0.2% lower, however the cross remains well within recent ranges.
  • Cross asset wise; e-minis are up ~0.3% and BBDXY is ~0.1% lower. 10 Year US Tsy Yields are down ~5bps.
  • In September PSI ticked back into expansionary territory and sits at 50.7, the prior read was revised higher to 47.1 from 47.7.
  • The local docket is empty for the remainder of the session leaving wider swings in risk sentiment as the main driver in NZD.
BulletMarketsForeign Exchange BulletsHomepage
BulletMarketsForeign Exchange BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.