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Gold and Silver news

Posted in Personal Finance

US GDP well above expectations

NZD lower against majors, NZDUSD trading at 78c after falling to 77.6c; US Q3 GDP surprises with strong 3.9% p.a. reading; mixed global equity markets; oil price hammered again

Euro claws back loses

Upbeat German confidence numbers helps push down NZDEUR over half a cent; global equity markets mixed

AUD and NZD bounce on PBoC moves

China stimulus may fuel demand for commodities; Draghi talks tough on deflation

Chinese & eurozone PMI numbers disappoint

Manufacturing data from China and eurozone sets early tone for markets; sentiment improves on US CPI numbers and better-than-expected unemployment claims; commodity prices firmer

Fed minutes sends NZDUSD higher

Fed minutes focused on weaker European outlook, inflation and lower for longer interest rates; NZDUSD jumps in volatile trade; AUD weaker as iron ore prices hit 5-year low

Fonterra auction sends NZD lower

Another fall in global dairy prices sees NZD trade half cent lower; gold and global equities broadly higher; oil price continues its slippery slide downwards

NZD upward momentum intact

Draghi continues to build expectations of QE program in Europe; further selling of EUR; NZD pushed higher after retail sales beats forecast

NZD and commodities higher

NZD higher as US retailers report good sales and RBA comments of currency intervention

NZDUSD trades higher on Fonterra news

BoE forecast inflation below 1% and have lowered growth outlook; Fonterra surprises market affirming dairy payout; equity markets mixed while oil price drops again

RBNZ stability report key for NZD

Market waiting for guidance from RBNZ stability report and speech from Governor Wheeler; NZDJPY trading at 7-year high; US Verteran Day holiday affecting volumes

US rate hike story supporting USD

Chinese inflation data sees NZD slip lower; minor European data weaker-than-expected; improving US labour market keeping downward pressure on NZDUSD

NZD bounces after weak US jobs

Markets disappointed by US jobs report; factory output grows less than expected in Europe; UK trade balance below expectations

NZD hits fresh two year low

NZD lower in whippy session before bouncing higher; market waiting for US Non-farm payrolls data, Yellen's speech and Chinese data all due out this weekend

USD stronger on mid-term election result

NZDUSD trades at August 2013 levels; Republicans win control of US senate; equity markets boosted by data releases; Gold price plummets

NZD bounces off new lows

NZD squeezes higher after USD profit taking; Fonterra auction result helps to stabilise NZD; outlook is still for a lower NZD; oil price continues to slump

NZD hits new low

Strong US data pushes greeback higher, gold and oil lower. UK data also strong on factory index rise

Japan boosts markets, ECB awaited

Despite slowing in China, Japan's unexpeected stimulus increase juices up markets

Gold price plunges, equities benefit

RBNZ sparks another NZD sell off with "unjustifiable and unsustainable" comments; gold and oil sold off; Equities up on better than expected US GDP reading

NZD opens sharply lower

US Fed eyes gathering steam in the US economy. Stocks and gold lower, oil prices higher

Volatile US data jerks the NZD

USD falls on weaker-than-expected durable goods orders, then rises on better-than-expected US consumer confidence