The September Dallas Fed manufacturing index from -6.2 the previous month, slightly weaker than the -3.0 expected. The index has remained in contraction territory for 21 months, although overall conditions improved significantly with the company outlook returning to positive territory for the first time in 10 month ... read more
The New Zealand dollar remained under pressure during the Asian session on Monday with a test of the 0.7230 area in and the lowest reading for close to two weeks.
Global risk appetite was more fragile, which undermined overall confidence as Asian equity markets came under pressure.
The latest New Zeal ... read more
surged on Monday, as members of the Organization of the Petroleum Exporting Countries (OPEC) kicked off an informal meeting in Algeria to discuss ways to rebalance the market.
The West Texas Intermediate (WTI) benchmark for US crude futures was up $1.15, or 2.6%, to $45.63 a barrel at 4:52 pm ET. The contra ... read more
Global risk appetite improved during Tuesday, especially after the US Presidential TV debate, which helped underpin the with a late rally fuelling speculation over official support.
US equities remained under pressure during the New York session with the declining by 0.86% on the day. There was an overall i ... read more