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

Exchange Rates updated 29/08/2015 9:20:04 p.m.

New Zealand

NZD/USD 0.6454
NZD/GBP 0.4189
NZD/EUR 0.5770
NZD/AUD 0.9005
NZD/JPY 78.5863
NZD/CAD 0.8524
NZD/SGD 0.9090
NZD/CHF 0.6216
NZD/HKD 5.0086
NZD/THB 23.1666
NZD/ZAR 8.5885
NZD/DKK 4.3084
NZD/SEK 5.4670

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

Stocks

All Ord 5243
DOW 16655
NASDAQ 4816
FTSE 6192
NZSE 5635

Commodities

Gold 1126
Oil 43

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 were flat to close the week, exhausted after the extreme volitility of the roller coaster ride. The 1000 point crash and the record rebound washed out to a gain in the share market! Commodities have staged a recovery, headlined by Oil pushing back to $45, which boosted the associated currencies despite a rally in the reserve. The KIWI struggled back to 0.6450, while the AUD consolidated above 0.7150, after dramatic moves in the last week. The holiday season is well and truely over with a deluge of economic data releases this coming week. Highlights will be Manufacturing in Europe, Asia and the US combined with Employment data. An unfathomable rally in the EUR is slowly being extinguished, trading below 1.1200, and set to weaken further. Central Bank activity will be a major influence, lead by rate decisions, from the RBA and the ECB. The Feds Biege Book will give an insight in to the perception of US and global economic conditions with a view of US Monetary Policy.

Headlines

31/8 Australia New Home Sales, Japan Industrial production, German Retail Sales, Italy Retail Sales, EU CPI, Chicago PMI, Dallas Fed Manufacturing Activity Index

1/9 NZ Terms of Trade, Australia Manufacturing PMI, US Domestic Vehicle Sales, NZ house Prices, China Manufacturing PMI, China Non-Manufacturing PMI, Australia Curent Account, Australia Imports/Exports, Australia Building Approvals, RBA Rate Decision, Italy/France/German/UK/UK Manufacturing PMI, German/Italy/EU Employment, Canada GDP, US manufacturing PMI, US Construction

2/9 Australia GDP, EU PPI, US Weekly Mortgage Applications, ADP Jobs Report, US Factory Orders, Biege Book

3/9 Australia Trade, Australia Retail Sales, France Employment, Italy/France/German/UK/EU Non-Manufacturing and Composite PMI, EU Retail Sales, Challenger Jobs Report, ECB Rate Decision, US Weekly Jobless Claims, US Trade, US Composite PMI

4/9 German Factory Orders, Non-Farm Payrolls, US Employment, US Participation rate

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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.