News
Important Only
Investing.comWed, Aug 14
Downside to base metal prices should be limited from here: BofA
FxstreetWed, Aug 14
New Zealand: RBNZ brings forward easing cycle – UOB Group
Investing.comWed, Aug 14
Jefferies raises L'Oréal to 'Hold' but remains cautious in the medium term
FxstreetWed, Aug 14
Brazil Retail Sales (MoM) declined to -1% in June from previous 1.2%
GBP/USD: Broader trends remain constructive – Scotibank
NZD: RBNZ surprises the market – Commerzbank
Economic Indicator
New Zealand: RBNZ brings forward easing cycle – UOB Group
The Reserve Bank of New Zealand (RBNZ) decided to reduce the official cash rate (OCR) by 25 bps to 5.25%, embarking on an easing cycle much sooner than expected, almost a year ahead of the RBNZ’s own projections, UOB Group RBNZ to continue steadily cutting the OCR “The Reserve Bank of New Zealand (RBNZ) lowered its official cash rate (OCR) by 25 bps to 5.25% earlier today (14 Aug).Fxstreet
Wed, Aug 14
Stocks
Jefferies raises L'Oréal to 'Hold' but remains cautious in the medium term
Investing.com - Jefferies International analysts upgraded their rating on CAC 40 member L'Oréal (EPA:OREP) to "Hold" from "Underperform" in a note released on Wednesday.The analysts highlighted that tInvesting.com
Wed, Aug 14
Forex
EUR/USD: Possible move towards 1.1140 – Scotiabank
The Euro (EUR) is trading at its highest since January as markets anticipate US CPI data coming in soft enough to prompt the Fed to make rapid rate cuts in the coming months, Scotiabank’s chief FX strategist Shaun Osborne notes.
Fxstreet
Wed, Aug 14
Forex
USD/CAD: Further downside pressure towards 1.3675 – Scotiabank
The Canadian Dollar (CAD) is little changed overnight but the softer US Dollar (USD) tone is helping the CAD hold gains below the recent short-term range low, suggesting a bit more strength may develop in the short run, Scotiabank’s chief FX strategist Shaun Osborne notes.
Fxstreet
Wed, Aug 14
