FED RBNZ_New Zealand Dollar

The US dollar opened on a bullish note this week, maintaining the gains from the NFP release from the last Friday. The economic calendar on Monday saw China's trade balance, rising more than expected in July to $52.32 billion, however, both imports and exports declined during the month. The Bank of Japan released the monetary policy meeting minu...

2016-08-12 John Benjamin Read more
factory_Orbex

Amidst The Quiet Summer Markets Aside from the news of a potential “informal” OPEC meeting in September, which has driven a short-covering rally in Oil, markets have been a lot quieter this week as we enter the summer doldrums. However, two issues worth noting are the recent US productivity numbers which were poor alongside weak Industrial prod...

2016-08-10 James Harte Read more
US Jobs Report

Nonfarm productivity, measured as an output of goods and services produced per hour worked, declined at an annual rate of 0.50% in the second quarter, compared to the median estimates of an increase of 0.40%. The data from the US labor department released on Tuesday showed that compared to a year ago, US nonfarm productivity is down 0.40%, falli...

2016-08-10 John Benjamin Read more