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

Exchange Rates updated 28/02/2015 11:32:04 a.m.

New Zealand

NZD/USD 0.7553
NZD/GBP 0.4889
NZD/EUR 0.6747
NZD/AUD 0.9671
NZD/JPY 90.3734
NZD/CAD 0.9437
NZD/SGD 1.0280
NZD/CHF 0.7198
NZD/HKD 5.8643
NZD/THB 24.4847
NZD/ZAR 8.7890
NZD/DKK 5.0316
NZD/SEK 6.3056

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

Stocks

All Ord 5878
DOW 18196
NASDAQ 4974
FTSE 6949
NZSE 5862

Commodities

Gold 1210
Oil 48

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

The week closed with weaker equity markets, while GDP data slipped back to 2.2%, dragging Consumer Confidence did not help . This disappointed markets which countered dovish Fed signals. The Dollar remained solid, reflected in the EUR dropping back below 1.1200, while the GDP traded 1.5440. The coming week is a veritable plethora of economic data releases, with Manufacturing, Growth and Employment all featuring. This will slip into the limelight as ECB, BofE and RBA all announce rate decisions and commentary. Yellen has shown her spots, in terms of rate rises, reflecting the flux state of the majority of global Central banks. Australian markets were dominated with further swirling rumours of a pending attempt at de-throning the the PM. The AUD held on to 0.7800, while the NZD consolidated around 0.7550, despite a fall in local Building Permits. All eyes remain on economic data releases while Central Bank QE and commentary will dominate for the coming week.

Headlines

2/3 NZ Terms of Trade, Australia Manufacturing PMI, Australia New Home Sales, Japan Manufacturing PMI, CHina Manufacturing PMI, France/Italy/German/EU Manufacturing PMI, Italy Employment, EU Employment, EU CPI, Italy Deficit/GDP, US Personal Income/Expenditure, US Manufacturing PMI, US Construction Spending

3/3 Australia Consumer Confidence, NZ House Prices, German Retail Sales, Australia Current Account, Australia Building Approvals, RBA Decision, EU PPI, US new Vehicle Sales

4/3 Australia GDP, China Composite PMI, Italy/France/German/EU Services/Composite PMI, EU Retail Sales, US Weekly Mortgage Applications, ADP Private Sector Jobs, US Composite PMI, US non-Manufacturing PMI, Biege Book

5/3 Australia Retail Sales, Australia Trade, German Factory Orders, Italy GDP, Bank of England Rate Decsion, ECB Rate Decision, US Weekly Jobless Claims, US Factory Orders, Challenger Jobs Report

6/3 German Industrial Production, EU GDP, Non-Farm Payrolls, US Employment, US Trade

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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.