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9 Jan 2020

NZ: Commodity Price Index fell 2.8% in December – ANZ

New Zealand’s ANZ World Commodity Price Index fell 2.8% in December due to weaker prices for lamb, beef and kiwifruit, notes the research team at ANZ.

Key Quotes

“The overall index remains 9.4% higher than it was a year ago.”

“In local currency terms the fall in the index was even larger, down 5.5% m/m, due to the stronger New Zealand dollar. The NZD-TWI firmed 2.7% during December.”

Jan 9, 2020

When is the German Industrial Production and how could it affect EUR/USD?

Eurozone's manufacturing powerhouse Germany is set to publish Industrial Production, Current Account and Trade Balance data for November at 07:00 GMT.
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Jan 9, 2020

GBP/USD benefits from Brexit optimism ahead of Carney’s speech

GBP/USD stays mildly positive within a choppy range around 1.3100 while heading into the London open on Thursday.
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