Market News

Britain’s negotiators came to Brussels seeking a “new, deep and special partnership with the European Union” on Monday as talks on the unprecedented British withdrawal from the European Union finally got under way.

Just because the economic schedule isn’t chock full of data releases this week doesn’t mean we’re short on potential market movers!

The Swissy just steamrolled all opposition, even though risk-taking prevailed. The Aussie, meanwhile, took a plunge only to recover later.

Traders shrugged off Wall Street’s weak Friday performance and pushed high-yielding currencies higher despite a lack of catalysts.

Asian stocks began the week modestly higher on Monday after Wall Street offered little guidance, while sterling and the euro steadied before the start of talks over the terms of Britain’s exit from the European Union.

The dollar steadied against a basket of currencies early on Monday after slipping on soft U.S. economic data.

If you need an overview of New Zealand’s economy ahead of this Wednesday’s RBNZ statement, then today’s Economic Snapshot will help you out.

Another trading week has passed us by, so it’s time for another weekly recap on what drove price action. By the way, can you guess which currency was this week’s top mover?

British finance minister Philip Hammond said Britain should adopt a pragmatic approach to Brexit negotiations which begin on Monday.

U.S. stocks ended little changed on Friday, though Amazon.com’s deal to buy upscale grocer Whole Foods Market pressured a wide range of companies.

Looming rate hikes by the Bank of Canada will put financial stress on indebted Canadians.

Sterling inched up against the dollar on Friday, ending the week just a touch higher than where it began.

Is inflation, at least in real goods, still dead? Has the forward growth outlook (the dot plot thing which I don’t understand) changed?

The comdolls bitterly fought it out during the session. There can only be one winner, though, and that happened to be the Kiwi.

Years of tepid economic recovery have Fed Chair Janet Yellen and other central bankers considering what was once unthinkable.

In case you missed it, the BOE just published its monetary policy decision this week.

An optimistic BOJ statement helped Asian session traders shrug off risk aversion from the previous session.

The dollar stood tall in Asia on Friday, on track for weekly gains against a currency basket, after upbeat U.S. economic data releases.

Dollar strength was still the name of the game for the most part of the U.S. session as traders adjusted their positions to be in sync with the Fed’s policy bias.

The Bank of Japan is set to keep monetary policy steady on Friday and signal its confidence in a strengthening economy.