Chicago Fed index caught traders’ attention with a surprise dip back into contractionary territory; US$ slips against majors

Disappointing data for the US and a theme of ongoing central bank support will provide underlying demand for the NZ$ and A$

US housing market is still improving despite weaker than expected data and tighter fiscal policy weighing on economy

Backdrop of better data sees risk sensitive currencies back in favour; NZ$ strongest performer relative to peers

Copper falls over 2% and gold falls again; CRB Commodity Index plunges over 6% over past few weeks

US$ and US bonds suffer following weak GDP release; market concerned about Q2 slowdown in global growth

Commodity prices strengthen with Copper and Gold both up 2.8%; NZ$ surges higher; equity markets on the rise again

Surprise expansion in Q1 UK GDP and outsized GBP reaction reflects investors’ relief the dreaded triple-dip recession was skirted

RBNZ's accompanying statement examined with interest to ascertain future path of interest rates and inflation

German PMI data below expectation and manufacturing data showing sector is firmly in contraction