EUR/USD 1.13694
-0.063%
Gold 4053.64
0.107%
Oil 88.544
-2.783%
USD/JPY 163.848
-0.004%
GBP/USD 1.33208
0.055%
GBP/JPY 218.264
0.066%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Ukrainian President Zelensky: Russian satellite monitoring shows that Moscow is assisting Tehran in its strike operations in the Middle East.The UK Foreign, Commonwealth and Development Office advises against traveling to any area within 10 kilometers of the Saudi border with Yemen; except where necessary, avoid areas between 10 and 80 kilometers from the Saudi border with Yemen.On July 26, local time, US President Trump ordered the US military not to launch new airstrikes against Iran that day, ending nearly two weeks and 13 days of daily strikes. It is understood that Trump had previously approved daily strike plans submitted by the military, but after receiving a new operational plan on the 25th, he did not approve its implementation and instead directly ordered a halt to airstrikes for the day. It is unclear whether this decision is merely a one-day temporary measure or signifies a pause in military operations. Reportedly, hours before Trump ordered the suspension of airstrikes, an Omani delegation arrived in Tehran to negotiate new arrangements for reopening the Strait of Hormuz. Two regional sources familiar with the negotiations stated that progress had been made, and Oman and Iran are expected to reach an agreement by the end of the week, at which time Trump will decide whether to accept the proposed solution.A spokesperson for the Iranian Revolutionary Guard stated: "In 15 days of fighting, we destroyed 11 U.S. fighter jets and helicopters."Irans Ministry of Oil: Despite facing war and sanctions, more than 60% of the annual oil revenue budget target has been achieved.

AUD/NZD tries to recover 1.125; NZ GDP and Australian Employment are under consideration

Alina Haynes

Sep 14, 2022 11:46

 截屏2022-09-14 上午9.46.15.png

 

After recovering to approximately 1.1214 during the Tokyo morning session, the AUD/NZD pair is approaching the critical 1.1250 barrier. In a broader sense, the asset is currently gaining after striking a low of 1.1120 last week. In expectation of favorable Australian employment data, market participants utilize any decline as a buying opportunity.

 

According to the consensus, the Australian Bureau of Statistics will publish a 35k increase in job creations against a 40.9k fall in payrolls. In addition, it is projected that the unemployment rate would remain constant at 3.4%. A similar situation could prompt the Reserve Bank of Australia (RBA) to immediately increase the Official Cash Rate (OCR). The University of Melbourne's release of the Consumer Inflation Expectation statistics is also of major importance.

 

It is projected that the Consumer Inflation Expectation will increase dramatically to 6.7% from 5.7% earlier. This will prompt RBA Governor Philip Lowe to announce a fifth consecutive 50 basis point (bps) rate hike at the monetary policy committee meeting in October.

 

On the front of New Zealand, investors anticipate the announcement of Gross Domestic Product (GDP) numbers on Thursday. Consensus forecasts indicate a 0.2% expansion in the New Zealand economy, as opposed to the 1.2% reported previously. While the quarterly data will result in an expansion of 0.8% as opposed to a decline of 0.2%.

Suggestion