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TWI

Mixed US data slows NZDUSD decline

USD strengthened on better than expected consumer confidence but positive sentiment restrained by disappointing US house price data

90 seconds at 9 am: NZD slips sharply

US confidence high, house prices low; IMF warns on global growth; Aussie job stress; oil price lower; NZ$1 = US$0.849, TWI = 79.4

Big drop in Fonterra forecast

Updated
Fonterra slashes Farmgate Milk Price forecast for 2014-15 to $6 per kgMS from $7, with dividend full forecast cash payout range is $6.20-$6.25;  Westpac sees $4.3b annual drop in dairy farmers' incomes

Waiting for Fonterra

NZ dollar direction expected to be heavily influenced by this afternoon's dairy payout announcement

90 seconds at 9 am: Russia loses Yukos case

US services and factories expand in July, housing falls in June; Russia loses a $50 bln arbitration case; UST yields 2.48%; oil price lower, gold higher; NZ$1 = US$0.855, TWI = 79.7

Intervention threat tips the scale

Roger J Kerr says because of hedging, the NZD can depreciate significantly over the next 6-12 months and the impact on inflation will be muted

ASB picks slower growth, weaker dollar

Slower growth and a lower dollar are on the cards for next year, according to ASB's latest economic forecast

Sanctions on Russia hurts the EUR

Ukraine tension reaction hurts German business; eyes on key US data this week

90 seconds at 9 am: NZD lower

US durable goods orders rise; eyes on Fed taper and NFPs, Argentina at the brink, UST 10yrs 2.47%; NZ$1 = US$0.854, TWI = 79.8

Biggest one day move in 2014 for NZD/USD

Explicit comments from RBNZ sends NZD/USD lower; US jobless claims beat expectation by nearly 10%; UK retail sales disappoint