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28 Nov 2018

NZ: Business confidence a key concern for RBNZ - TDS

According to analysts at TD Securities, New Zealand’s ANZ business confidence is the tier 1 indicator for markets as confidence and own activity at recessionary levels are the RBNZ’s key concern.

Key Quotes

“Prior activity at +7 (investment -3, employment flat) and confidence at -37 are off the lows, but a long way from portraying above-trend growth lies ahead. A material improvement in this report to boost OIS and swap yields and the NZD.”

 

Nov 28, 2018

UK government: No-deal Brexit would mean economy is 7.7% smaller in 15 years time

The UK government released its analysis of Brexit scenarios this Wednesday and here are some of the key highlights:    •  May's Brexit plan reduces G
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Nov 28, 2018

DXY Technical Analysis: The greenback remains firm and could re-test 2018 highs near 97.70

DXY daily chart                       Dollar Index Spot Overview:     Today Last Price: 97.35     Today Daily change: -1.0 pips    
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