News
Important Only
Japan Exports (YoY) above expectations (13%) in May: Actual (13.5%)
FxstreetJun 18, 2024
Japan Merchandise Trade Balance Total above expectations (¥-1300B) in May: Actual (¥-1221.3B)
FxstreetJun 18, 2024
Japan Imports (YoY) below forecasts (10.4%) in May: Actual (9.5%)
EUR/USD softly higher, but technical pressures persist heading into lopsided Wednesday
New Zealand Current Account (QoQ) above expectations ($-4.55B) in 1Q: Actual ($-4.359B)
FxstreetJun 18, 2024
New Zealand Current Account - GDP Ratio up to -6.8% in 1Q from previous -6.9%
Commodities
Crude Oil shrugs off API stocks buildup, etches in another gain on Tuesday
West Texas Intermediate (WTI) US Crude Oil broke decisively above $80.00 per barrel on Tuesday as barrel traders shrugged off another build-up in American Petroleum Institute (API) Weekly Crude Oil Stocks.
Brent
WTIFxstreet
Jun 18, 2024
Forex
NZD/JPY Price Analysis: Kiwi gains ground and test the 97.00 level
In Tuesday's session, the NZD/JPY pair saw promising upticks, edging closer to the 97.00 resistance point after a strong defense of the 20-day Simple Moving Average (SMA) at 96.30, which has proven to be resilient against sellers' attempts.
Fxstreet
Jun 18, 2024
Economic Indicator
RBNZ's Conway: Inflation might be stickier in the near-term, could present some challenges
Chief Economist of the Reserve Bank of New Zealand (RBNZ) Paul Conway gave a speech on inflation during the early Wednesday market session, noting that inflation troubles exist on both sides of the RBNZ's policy stance.Fxstreet
Jun 18, 2024
Stocks
Macquarie: Applovin's prospects strong despite Apple's new ad app attribution tool
Investing.com - Analysts at Macquarie reiterated their outperform rating for Applovin Corp (NASDAQ:APP) on Monday while addressing concerns around the impact of Apple's (NASDAQ:AAPL) new app ad atInvesting.com
Jun 18, 2024
Stocks
Boeing's 737 deliveries poised to reach Q1 2023 levels, 787s lag behind - BofA
Investing.com - Analysts from Bank of America (NYSE:BAC) (BofA) are forecasting Boeing (NYSE:BA) 737 deliveries to approach the levels seen in Q1 2023, while 787 deliveries are expected to fall behindInvesting.com
Jun 18, 2024
Other
Retail sales miss in May indicative of fading consumer momentum - Wells Fargo
Investing.com - Analysts from Wells Fargo (NYSE:WFC) on Tuesday noted that May's weaker than expected retail sales data suggests a softening in consumer spending.Retail sales data for May came inInvesting.com
Jun 18, 2024
