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Gold and Silver news

Posted in Personal Finance

USD strength sends Kiwi lower

Better-than-expected US data sees NZD/USD trade ½ cent lower; Eurozone sentiment rises to highest point since July 2011; global markets broadly higher

90 seconds at 9 am: US growth sags

US savings rise; US house sales rise; China cuts deposit requirements; oil and gold prices lower; NZD edges closer to parity; NZ$1 = 75.2 US¢, TWI = 80.2

90 seconds at 9 am: A tax on bank deposits

US growth cools, confidence holds; Greece eyes drachma comeback; China wary of deflation; Aust to tax bank deposits; bond yields rise; oil and gold falls; NZ$1 = 75.6 USc, TWI = 80.2

Nervous investors pile into USD

Oil price spikes on news of Saudi stikes on Yemen; NZD/USD initially higher before USD found favour; US jobless claims better-than-expected

90 seconds at 9 am: Oil worries

Arabian Peninsula woes; Oil price surges; US jobless claims fall; yields higher; NZ$1 = US75.62

NZD/USD peaks on US data

US Durable Goods Orders had surprising fall; German confidence continues; gold and oil prices on the improve

90 seconds at 9 am: 'Rigged remuneration'

US durable goods orders fall; Greece caught short; RBA worried about commercial property; 'rigged remuneration'; yields lower; commodity prices higher; NZ$1 = 76.1 USc, TWI = 80.4

US inflation ticks up

US New Home sales hit 7-year high and above forecasts while inflation rose 0.2%; NZD/USD peaked at just under 77c overnight

90 seconds at 9 am: Cheap money

US CPI suggests inflation uptick; US new home sales jump, factories busier; EU factories also busier; China sees slowdown; NZ$1 = 76.4 USc, TWI = 80.7

'Onwards and upwards' for the gold price

ANZ sees China, India and central banks helping push up the gold price over the long-term. Says higher & more stable prices needed to ensure enough gold is mined & recycled to meet rising demand

NZDUSD spikes higher on rumours

NZD/USD gains on large buy order; NZD/AUD posts new post-float high; US data disappoints; expect US rate hikes from Q2

90 seconds at 9 am: Aussie leaker?

US home sales rise; ECB commits to more printing; cash torrent causes global distortion; UST 10yr yields 1.93%; RBA security problem; NZD jumps again; NZ$1 = 76.3 USc, TWI = 80.6

90 seconds at 9 am: NZD jumps

Greece teetering; China short of skills; Australian bank advisers 'abusing the system'; oil stable; gold recovers; NZD jumps; NZ$1 = 75.6 USc, TWI = 80.4

NZD/USD down 2c in 24 hours

USD recovers strongly; EUR/USD records largest one day move in its trading history; equities mixed

90 seconds at 9 am: AU mining jobs evaporate

US jobless claims steady; EU patience with Greece wearing thin; AU mining jobs evaporate; AU budget deficit jumps; benchmark bond yields slump; NZ$1 = 73.9 USc, TWI = 79.3

USD weakness sends Kiwi dollar above 74c

Markets rally on FOMC statement while USD sold off; Fed needs to see improvement in labour markets

90 seconds at 9 am: US Fed less patient

US Fed sets up for rate rises but timing still unclear; Sweden cuts rates; China house prices fall; UST 10yr rates fall; NZD jumps; NZ$1 = 74.3 USc, TWI = 79.4

Nasty Fonterra auction result hits NZD

NZD loses ground on Fonterra auction result; US housing starts suffer sharpest drop in a year; WTI oil price plunges to below US$43

90 seconds at 9 am: Dairy prices slump

WMP falls -9.6%, payout threat; US housing starts falter; inflation eludes Japan; Germans optimistic; Greece defies creditors; NZD falls; NZ$1 = 73.1 USc, TWI = 78.6

Investors take profits

NZD up, gold and oil down ahead of FOMC statement, RBA minutes and GDT auction