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FUNDAMENTAL ANALYSIS BY NSFX 22.02.2017
Good morning, Reserve Bank of Australia Governor Philip Lowe spoke overnight about the reasons the Central Bank have not lowered rates lower is due to fears of the property market expanding at an even more rapid pace, against the need to boost the economy. The Westpac Leading Index showed no sign of growth, while Construction[...]
FUNDAMENTAL ANALYSIS BY NSFX 21.02.2017
Good morning, The Reserve Bank of Australia released their latest monetary policy meeting minutes over the Asian session. The Central Bank said it would hold lower rates in order to further support growth. AUDUSD trading at 0.7659 at time of writing. Japanese data released overnight saw the Nikkei Manufacturing Purchasing Managers Index beating expectations, however the[...]
FUNDAMENTAL ANALYSIS BY NSFX 20.02.2017
Good morning, The President Day holiday in the US today will see a lighter than normal volume traded today. Japanese Trade Balances were below expected figures and USDJPY was trading at 113.08 at time of writing. Consumer Confidence figures will be released in a number of areas today, including the Netherlands, Turkey, Finland and Denmark.[...]