MNI: Canada Apr-Nov Budget Deficit CAD3.6B, Beats Projection

(CORRECTED)MNI INTERVIEW: ECB Communications Errors Risk Market Selloff

(CORRECTED)MNI INTERVIEW: ECB Communications Errors Risk Market Selloff

MNI: US NAR DEC PENDING HOME SALES INDEX 76.9 V 75 IN NOV

EZ/UK Bond Supply Calendar: EU-bond auction / UK long APF Mon

EZ/UK T-Bill Calendar: Germany & France to issue Monday

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
US TSYS

Market Roundup: Implied Hike Steady After In-Line Data

BONDS

EGBs-GILTS CASH CLOSE: Modest Steepening Ahead Of A Big Week

US

Atlanta Fed GDPNow Q1 '23 Est

EQUITIES

Earnings Cycle Reaches Critical Mass Next Week

PERU

Boluarte Says General Election May Be Brought Forward To December

US STOCKS

Equity Roundup: Consumer Discretionary, Communication Services Lead

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

Softer Start, Q4 CPI Headlines Week

NZD
BulletMarketsForeign Exchange NewsHomepage

NZD/USD prints at $0.6460/65, opening trading ~0.3% below Friday's closing levels in thin liquidity before recovering to current levels.

  • Chris Hipkins was confirmed as New Zealand's next Prime Minister on Saturday, he takes over ahead of an election in October.
  • On Friday NZD/USD firmed as US Equities rallied in the NY session after dovish Fedspeak from Gov Waller. The pair rallied ~1.1% from trough to peak.
  • The S&P500 rose ~1.8%, and the DXY finished Fridays trade ~0.1% lower. 10 Year US Treasury Yields were ~9bps firmer.
  • Technically the trend remains bullish, the next target for bulls is the high from 18 Jan at $0.6530. Bears look to first break 20-day EMA at $0.6375 to turn the tide.
  • Wednesday's Q4 CPI headlines the week's data releases, we also have Dec PSI on the wires tomorrow.
  • Chinese markets are closed all week due to Lunar New Year, wider regional liquidity may be impacted as a result.
148 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

NZD/USD prints at $0.6460/65, opening trading ~0.3% below Friday's closing levels in thin liquidity before recovering to current levels.

  • Chris Hipkins was confirmed as New Zealand's next Prime Minister on Saturday, he takes over ahead of an election in October.
  • On Friday NZD/USD firmed as US Equities rallied in the NY session after dovish Fedspeak from Gov Waller. The pair rallied ~1.1% from trough to peak.
  • The S&P500 rose ~1.8%, and the DXY finished Fridays trade ~0.1% lower. 10 Year US Treasury Yields were ~9bps firmer.
  • Technically the trend remains bullish, the next target for bulls is the high from 18 Jan at $0.6530. Bears look to first break 20-day EMA at $0.6375 to turn the tide.
  • Wednesday's Q4 CPI headlines the week's data releases, we also have Dec PSI on the wires tomorrow.
  • Chinese markets are closed all week due to Lunar New Year, wider regional liquidity may be impacted as a result.