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Daily Market Report
for 13/12/2017
CITI: A pattern is popping up in the euro that suggests it could soar 20%
12 Dec 2017 07:11 Business Insider
The euro is poised to end its three-year losing streak in 2017, with a gain of 10.88% against the dollar so far, according to Markets Insider data.  more...
The Australian dollar is inching higher
12 Dec 2017 10:11 Business Insider Australia
Mckenna says that despite widespread optimism about the outlook for the US economy, something that contributed to a rally in US stocks on Monday after briefly dipping following news of a suspected failed terrorist attack in New York City, currency ...  more...
Egypt's Inflation Rate Drops to Lowest This Year
12 Dec 2017 07:56 Egyptian Streets
Several Egyptian pound notes are pictured in New York Thursday, April 28, 2005. Photographer: Daniel Acker/Bloomberg News. Egypt's annual inflation rate fell to 25.54 percent year-on-year in November, the lowest rate after the country floated its ...  more...
Indian rupee opens lower at 64.41 per dollar
12 Dec 2017 16:00 Moneycontrol.com
Expect USD-INR to trade within a range of 64.30-64.50 for today, says Bhaskar Panda of HDFC Bank. Moneycontrol News @moneycontrolcom.  more...
Rangatira Investments takes 50% stake in Mrs Higgins
12 Dec 2017 18:50 Scoop
Dec. 12 (BusinessDesk) - Rangatira Investments has taken a 50 percent stake in specialist cookie retailer Mrs Higgins, and will help bankroll a new manufacturing plant due to open in February as well as further expansion.  more...
MARKET CLOSE: NZ shares mixed; Xero, retirement stocks slip
12 Dec 2017 20:32 Scoop
MARKET CLOSE: NZ shares mixed; Xero, retirement stocks slip while Sky TV, F&P Health gain  more...
Canadian Dollar Edges Higher
13 Dec 2017 01:56 MarketPulse (blog)
The Canadian dollar has edged higher in the Tuesday session. Currently, USD/CAD is trading at 1.2828, down 0.22% on the day.  more...
Skoda’s Kodiaq is New Zealand’s Car of 2017
12 Dec 2017 19:28 Scoop
Skoda’s Kodiaq is New Zealand’s Car of 2017 It’s been turning heads around the world since its launch and now the Skoda Kodiaq is New Zealand’s Car of the Year for 2017. The mid-priced 7-seat SUV faced down nine other finalists for the ...  more...
RPT-UPDATE 2-China's banks dole out record credit in 2017 as Nov loans blow ...
12 Dec 2017 12:15 Reuters
BEIJING, Dec 11 (Reuters) - Bank lending in China hit a fresh record after a much stronger-than-expected surge in credit in November, even as authorities step up efforts to reduce risks in the financial system from a rapid build-up in debt.  more...
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