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Daily Market Report
for 24/08/2017
NZ dollar falls as greenback gains ahead of Jackson Hole summit
23 Aug 2017 08:37 New Zealand Herald
The New Zealand dollar fell ahead of the pre-election fiscal and economic update this morning and as the greenback gained before the annual central banking conference in Jackson Hole, Wyoming later this week.  more...
Streetwise Investors Taking Note of Aoxing Pharmaceutical Company, Inc. (:AXN)
23 Aug 2017 07:07 FLBC News
Aoxing Pharmaceutical Company, Inc. (:AXN) stock is pricing at $0.30 after moving 7.14% thus far this session. Technical levels will be in focus as the volatility has increased given recent attention.  more...
Euro hits strongest level in eight years against sterling
23 Aug 2017 20:37 Financial Times
The diverging economic outlook for the UK and the eurozone has driven the single currency to its strongest level in eight years against sterling.  more...
Strong Euro Leads Big Bond Buyers Into Government Debt Rethink
23 Aug 2017 17:15 New York Times
LONDON - The euro's double-digit gains this year are prompting some of the world's biggest money managers to view European government debt more favourably just as the central bank is planning to withdraw its support from the bond market.  more...
Euro-Area Factories Feed Best Growth Spell for Economy in Years
23 Aug 2017 20:15 Bloomberg
Surging demand for 'Made in the Euro Area' goods is feeding an economy that is creating jobs and finally also seeing price growth accelerate.  more...
Euro perks up after upbeat eurozone economic data
23 Aug 2017 20:15 Financial Times
The common currency shed its losses and rose against the dollar on Wednesday morning on the back of optimistic readings on how the bloc's two biggest economies performed this month.  more...
Trump Should Have Listened To His Instincts On Afghanistan
23 Aug 2017 17:26 The Daily Caller
President Trump reversed himself on Afghanistan Monday in announcing thousands of more troops are heading to the war-torn nation.  more...
European Markets Mixed, Euro Gains on Strong Economic Data
23 Aug 2017 20:16 TheStreet.com
Euro zone manufacturing businesses clocked their best month of growth in six-and-a-half years in August, IHS Markit's Flash Eurozone Composite Purchasing Managers' Index, considered a good guide to economic growth, edged up in August to 55.8 from ...  more...
The peso tumbles after Trump reiterates promise for a border wall
24 Aug 2017 00:53 Business Insider
The Mexican peso is weaker Wednesday after President Donald Trump said at a rally that he's willing to shut down the government to build a border wall on the Mexican border.  more...
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