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A$ & NZ$ dip vs USD, euro on China excuse  WELLINGTON/SYDNEY: The Australian and New Zealand dollar slipped on Wednesday, with investors using growth concerns in China and a large unwinding of short positions in the euro as an excuse to take profits. Aussie edges lower to $1.0468, from $1.0490 in early trade. Next support seen around $1.0464, the 20-day MA, ahead of $1.0432, the low on Aug 2. Resistance at $1.0580. New Zealand dollar drifts to a near three-week low around $0.8040, more than half a cent lower from its late local level on Tuesday. Global themes and events driving the kiwi, and the momentum is negative, with near-term support seen at $0.8028 with a substantial base seen at $0.7990, the late-July low. Investors looking for excuses to sell following hefty gains for the Antipodeans. Aussie had climbed to a five-month peak of $1.0615 last week, while the kiwi rose to $0.8224 earlier this month, its highest since late April. Some cited a media ...

A$ & NZ$ off multi-month highs, await EU data  WELLINGTON/SYDNEY: The Australian and New Zealand dollar were off multi-month highs on Tuesday as investors booked profits on short euro positions, while awaiting data from Europe and the United States which could add to global growth concerns. Aussie fetches $1.0522, having trimmed overnight losses thanks to firmer Asian bourses and demand out of Tokyo. The Australian dollar fell to a low of $1.0497 on Monday, after it had stretched its legs to $1.0615 last week, the highest ...
A$ & NZ$ hold near record highs on euro, mood cautious  WELLINGTON/SYDNEY: The Australian and New Zealand dollars struggled to advance against the US dollar on Monday as investors turned cautious about a slowdown in global growth, but the currencies remained near all-time highs on the euro. The Australian dollar edged lower to $1.0556, from $1.0572 in early trade, having peaked at $1.0615 last week, the highest since late March. It was seen consolidating with minor support around $1.0525, then Friday's low of $1.0497, while stops were found ...
A$ gets lift from jobs data, NZ$ a black eye  WELLINGTON/SYDNEY: The Australian dollar rose on Thursday after a robust jobs report prompted investors to widen the odds of further cuts in interest rates, in a sharp contrast to a weak labour reading in New Zealand which weighed on its currency. The Aussie dollar climbed to a session high of $1.0603 but was unable to pass heavy resistance at $1.0604, the four-month high hit on Tuesday. It last fetches $1.0590, a gain of nearly half a ...
A$ & NZ$ drift off highs, support solid  WELLINGTON/SYDNEY: The Australian and New Zealand dollars ran into light profit-taking on Wednesday, but remained near multi-month highs on persistent hopes the European Central Bank and Federal Reserve will add more stimulus soon. The Aussie dollar dips to $1.0550, from $1.0576 late locally on Tuesday. Support seen solid at $1.0527, the week's low, with resistance at the mid-March high of $1.0637. It peaked to $1.0604, its highest in four months, on Tuesday after the Reserve Bank of ...
A$ hits multi-month highs on USD & GBP after RBA  WELLINGTON/SYDNEY: The Australian dollar punched to fresh four-month highs on Tuesday after a cautiously optimistic central bank left rates on hold and sounded in no hurry to ease again, prompting markets to push back expectations for further aggressive cuts. The Aussie dollar rose to $1.0603, its highest since late March, before it met heavy resistance due to option-related selling. It last fetched $1.0576, having gained five cents in less than a month. As expected, the Reserve Bank ...
A$ & NZ$ buoyed by stocks & US jobs  WELLINGTON/SYDNEY:   The Australian and New Zealand dollars were enjoying the view around multi-month highs on Monday while bonds took a beating, as risk assets ranging from commodities to stocks rallied in the wake of a better US jobs report. The Australian dollar firm at $1.0561, from $1.0474 late on Friday locally, having touched a four-month high of $1.0581 last week. A strong start in Asian stocks, with Hong Kong and Korea jumping 2 percent, underpin Antipodean currencies. Short-term ...


Index Closing Chg%
Arrow DJIA 17,959.44 0.87
Arrow Nasdaq 4,781.43 0.34
Arrow S&P 2,078.54 0.38
Arrow FTSE 6,576.74 0.48
Arrow DAX 9,865.76 0.81
Arrow CAC-40 4,254.43 0.30
Arrow Nikkei 17,635.14 0.08
Arrow H.Seng 23,408.57 1.26
Arrow Sensex 27,701.79 1.21

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyDecember 22, 2014
Reserves $14.042 bln