NZD
Change appears to be the new black as last week we saw the United States elect its first African American President and on Saturday the majority of New Zeal... Read More >
US non farm payrolls came out well below expectations as the American economy continues to falter into the key 4th quarter. 240k jobs were lost in the month of ... Read More >
Mervyn King and the MPC decided not to dance with Prudence yesterday and instead performed a stunning solo by cutting the base rate by 1.5%. While some commenta... Read More >
Has the market already got over the Obama Presidential victory? Any initial good feeling towards American assets was swiftly extinguished yesterday as market pa... Read More >
Barack Obama was elected President of the United States last night with an overwhelming mandate in the Electoral College. Previously safe Republican states swun... Read More >
The Rand retraced some of its recent weakness against Dollar and Sterling as risk aversion ebbed back into the markets. We predict a stabilising of Rand for the... Read More >
Despite an ISM manufacturing figure that was the worst in 26 years USD strengthened significantly against GBP and EUR yesterday. The figure however did not affe... Read More >
We may look back at last week and wonder if it was the moment the tide turned. It is more likely that the bullish performance can be attributed to month end por... Read More >
The Federal Reserve slashed its benchmark lending rate by 50 basis points to 1% in a unanimous move overnight. This saw the dollar slide for its largest one day... Read More >
Trading was frantic yesterday as the market braced itself for the Fed rate decision due out this afternoon. US equities surged late in the day to their second l... Read More >