Analisi Fondamentale
FUNDAMENTAL ANALYSIS BY NSFX 17.07.2014
Good morning, Today saw little by way of data out of Asia, where overnight we saw Japanese Foreign Bond Investment figures, and Australian Business Confidence data released. AUDUSD was trading at 0.9371 at time of writing. There are very few scheduled data releases from Asia for the rest of this week. South African Interest Rate[...]
FUNDAMENTAL ANALYSIS BY NSFX 16.07.2014
Good morning, Chinese Gross Domestic Product was up by 7.5% slightly above the 7.4% expected. Urban Investment rose by 17.3% and Industrial Production was out at 9.2%. The BRICS countries have agreed on a new development bank which will be headquartered in Shanghai. The New Zealand Dollar lost ground following the publication of lower than[...]
FUNDAMENTAL ANALYSIS BY NSFX 15.07.2014
Good morning, Asian markets didn’t see much activity overnight aside from the Reserve Bank of Australia meeting minutes. AUDUSD dropped to currently trade at 0.9365 when the central bank said it was likely to keep interest rates at record lows. The Bank of Japan reiterated its’ 2% inflation target for the coming year, although the[...]