New Zealand shares edged up 42 points, or 0.3%, to 13,492 on Tuesday morning, rebounding from a subdued prior session. Gains in logistics and healthcare led the advance, offsetting declines in consumer services and transport. Sentiment improved on the back of Wall Street’s positive performance on Monday, ahead of a busy week of U.S. corporate

The high-stakes January 2026 Non-Farm Payrolls (NFP) report, now set for release on February 11, 2026, has a consensus forecast of +70,000 jobs. The report includes annual benchmark revisions to 2025 data, which could be key. The result will determine short-term movement for the US Dollar Index (DXY) and the Dow Jones (DJIA), with a

The US Dollar is opening the week on a sharp descent, with few catalysts to show for it. Are participants getting ready for dovish Non-Farm Payrolls? It could surely be the case. Last week showed a startling turn in pre-NFP labor surveys. Jobless Claims reached their highest in since early December, Challenger layoffs sent out

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HSBC analysts note that the Reserve Bank of Australia raised its cash rate to 3.85% and revised growth and inflation forecasts higher, assuming the rate reaches 4.2% by end-2026. HSBC economists see the stance as hawkish and expect another 25bp hike in 3Q26. They add that the Australian Dollar’s recent strength versus the Dollar looks

One of the themes in markets right now is that the ‘old economy’ stocks are rising while the AI stocks are sliding. It’s something of a mean reversion trade but could also highlight some positive cyclical signs in things like manufacturing and transport. But here is an ‘old economy’ company that I didn’t not expect

​​​UK banks in focus: Barclays and NatWest earnings preview ​As the United Kingdom (UK) financial calendar turns towards mid-February, the London market braces for major disclosures from two of the country’s largest lenders. Barclays is scheduled to report full-year 2025 results on 10 February 2026, followed by NatWest Group on 13 February 2026. These updates arrive amid

TD Securities’ Senior Commodity Strategist Daniel Ghali argues that fear of US Dollar debasement, rather than actual money supply growth, has been a key driver of Gold prices. Ghali highlights surging retail bullion demand, which has outpaced official sector buying, and notes that upcoming US Supreme Court decisions could influence trust in US institutions and

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FUNDAMENTAL OVERVIEW USD: The US Dollar had a good run last week on some unwinding of overstretched US Dollar shorts and mostly stronger US data. The bullish momentum eventually faded as we got a very weak US Job Openings report that coupled with the selloff in the stock market weighed on the market pricing. The

Investor morale in the Eurozone improved sharply in February, with the Sentix Investor Confidence Index rising to 4.2 from -1.8 in January. This marked the third consecutive monthly increase and the highest reading since July 2025. According to Sentix, the latest data suggest that the Eurozone economy may be emerging from its downturn. “The recession

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Key takeaways Sharp drop, failed rebound: USD/JPY broke below 157.50 and slid 3% to a three-month low at 152.09 before rebounding, but the recovery toward 157 has now stalled, suggesting the bounce is losing steam. Politics didn’t weaken the yen as expected: Despite PM Takaichi’s landslide election win and scope for expansionary policies, the anticipated