Contact Us: NZ: 0800 338 838 US: 1888 6257 833 UK: 0800 0285 834 AU: 1800 143 415

Exchange Rates updated 1/02/2015 8:09:14 a.m.

New Zealand

NZD/USD 0.7248
NZD/GBP 0.4809
NZD/EUR 0.6420
NZD/AUD 0.9334
NZD/JPY 85.3339
NZD/CAD 0.9220
NZD/SGD 0.9815
NZD/CHF 0.6673
NZD/HKD 5.6252
NZD/THB 23.7767
NZD/ZAR 8.4421
NZD/DKK 4.7811
NZD/SEK 6.0109

Rates are indicative only and indicate a midpoint between buy and sell prices

Stocks

All Ord 5511
DOW 17424
NASDAQ 4715
FTSE 6812
NZSE 5738

Commodities

Gold 1293
Oil 46

New Zealand

nz

Collinson Forex Ltd

Phone 0800 338 838
Overseas +649 358 3636

For 24 hour GT platform support please call Neven Fisher on:

+64 9 918 8312

Commentary

US Equities resumed the downward spiral with a reality check in the US economy. The US is not an island in terms of the global economy. Europe is headed in to recession while Asian growth is retarded in a historical sense. US GDP dropped to 2.6%, from a record 5%, and looks set to test the recovery theory. The EUR slipped back below 1.1300, while the GBP dropped back to 1.5050, reflecting the economic situation in the conflicted zone. Commodity weakness and falling demand has hit the associated currencies hard, with the AUD trading 0.7750, while the NZD plunged to 0.7250. The RBNZ has woken up to the dire economic situation it finds itself in, suffering challenging global conditions, turning dovish as the RBA is expected to do this week. Global manufacturing and employment releases will drive markets with central bank commentary the major influence.

Headlines

2/2 Australia PMI, HSBC China Manufacturing PMI, UK/France/German/Italy/EU Manufacturing PMI, US PMI, US Personal Income/Spending, US Construction Spending

3/2Australia Consumer Confidence, NZ House Prices, NZ Commodity Prices, Australia Trade, Australia Building Approvals, RBA Rate Decision, US ISM Manufacturing, US Economic Optimism

4/2 NZ Employment, US Vehicle Sales, CHina COmposite PMI, China Services PMI, Italy/France/German/EU Services PMI, US ISM Manufacturing, EU Retail Sales, US Weekly Mortgage Applications, ADP Jobs Report, US Composite PMI, US Services PMI

5/2 Australia New Home Sales, Australia Retail Sales, EU Factory Orders, ECB Economic Report, German/France/EU Retail PMI, Bank of England Decision, Challenger Jobs Report, US Weekly Jobless Claims, US Trade data

6/2 Australia Construction, German Industrial Production, UK Trade, US Employment, Non Farm Payrolls 4/2

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Disclaimer

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.