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

Exchange Rates updated 26/05/2017 7:39:27 a.m.

New Zealand

NZD/USD 0.7016
NZD/GBP 0.5419
NZD/EUR 0.6257
NZD/AUD 0.9410
NZD/JPY 78.5418
NZD/CAD 0.9459
NZD/SGD 0.9732
NZD/CHF 0.6824
NZD/HKD 5.4739
NZD/THB 23.9862
NZD/ZAR 9.0828
NZD/DKK 4.6625
NZD/SEK 6.0989

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

Stocks

All Ord 5811
DOW 21012
NASDAQ 6163
FTSE 7496
NZSE 7421

Commodities

Gold 1255
Oil 51

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

President Trump's world tour extended to the heart of bureaucracy, Brussels, to meet with NATO leaders. He has repeated demands for member nations to 'carry their own weight' and in return reaffirmed the support of the USA. The Fed minutes revealed a blueprint for the reduction in the Feds massively bloated balance sheet. The measured program allowed equities to extend gains and marginal support for future rate rises. Ambition is challenged within the independent walls of the Federal Reserve. Markets are looking for a strong US GDP growth number, to close the week, as a confirmation of progress in the new administration. The EUR traded around 1.1200, while the GBP drifted back to 1.2940, with softer than expected GDP data. Commodity currencies drifted, with the AUD slipping back to 0.7450, while the NZD held 0.7000. The KIWI is well supported and the strong fiscal position, revealed in the Budget, has allowed a confidence in investment expenditure domestically.

Headlines

22/5 Japan Trade Exports/Imports, Chicago Fed National Activity Index, Australia Consumer Confidence

23/5 German GDP, German Trade Exports/Imports, France/German/EU Manufacturing/Services/Composite PMI, US New Home Sales, Richmond Fed Manufacturing Index

24/5 NZ Trade Exports/Imports, Australia Leading Index, US Weekly Mortgage Applications, US House Price Index, US Existing House Sales

25/5 UK GDP, UK Trade Exports/Imports, US Trade Exports/Imports, US Weekly Jobless Claims

26/5 Japan CPI, US GDP, US Durable Goods Orders, University of Michigan Confidence

Your Comments/Questions

Collinson contact form

(required)
(required)
(required)
(required)
(required)
(required)

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.