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

Exchange Rates updated 23/06/2017 9:52:18 p.m.

United States

USD/GBP 0.7853
USD/EUR 0.8946
USD/AUD 1.3203
USD/NZD 1.3717
USD/JPY 111.2771
USD/CAD 1.3213
USD/SGD 1.3861
USD/CHF 0.9702
USD/HKD 7.7982
USD/THB 33.9525
USD/ZAR 12.9231
USD/DKK 6.6599
USD/SEK 8.7510

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

Stocks

All Ord 5742
DOW 21397
NASDAQ 6236
FTSE 7380
NZSE 7563

Commodities

Gold 1249
Oil 43

USA

us

Collinson & Co Inc

Phone 1888 625 7833

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

+64 9 918 9312

Commentary

US economic data releases have been minimal in the last few days but housing has been surprisingly bullish. The latest release was House Prices and these surprised on the upside. Leading Indicators managed to improve and the important Kansas City Fed Manufacturing Activity report was stronger than expected. Politicians are more positive on crucial Tax and Health reform which would support stronger growth prospects. The Dollar remained steady, with the EUR trading 1.1150, while the GBP pushed toward 1.2700, amidst Brexit negotiations. The RBNZ did not change rates and supported continued ' supportive' monetary policy. The international economic outlook was bullish despite local data conditions. NZ Trade and Construction were weaker than expected, cementing belief the economy is supported by lax monetary policy and immigration. There is certainly an issue that will not be addressed in an election year! The AUD drifted below 0.7550 and has reinforced recent weak economic data releases and lower commodity prices.

Headlines

19/6 NZ Consumer Confidence, Japan Trade, NZ Dairy Auction, Australia New Vehicle Sales, EU Construction

20/6 Australia Consumer Confidence, NZ Consumer Confidence, Australia House Price Index, RBA Minutes, EU Current Account, US Current Account

21/6 US Weekly Mortgage Applications, US Existing Home Sales

22/6 RBNZ Rate Decision, NZ Credit Card Spending, US Weekly Jobless Claims, EU Consumer Confidence, US Leading Indicators, Kansas City Fed Manufacturing Activity Index

23/6 France GDP, German/France/EU Manufacturing/Services/Composite PMI, US Manufacturing/Services/Composite PMI, US New Home Sales

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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.