By FXEmpire.com
Analysis and Recommendation:
The NZD/USD is trading at 0.8119 as the kiwi dipped on Monday morning, weighed down by the negative data from China released on Thursday and Friday of last week.
China seemed to have missed their soft landing with most of the July eco data reporting below forecast.
New Zealand is dependent on its trade with China and Japan. Japan this morning reported a huge fall in their quarter over quarter and annual GDP.
New Zealand also reported very weak jobs data last week, which is being viewed as a leading indicator in the overall slowdown in the pacific corridor.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.
Economic Data August 13, 2012 actual v. forecast
|
Date |
Time |
Currency |
Importance |
Event |
Actual |
Forecast |
Previous |
|
Aug. 13 |
00:50 |
JPY |
GDP (QoQ) |
0.3% |
0.6% |
1.3% |
|
|
00:50 |
JPY |
GDP Price Index (YoY) |
-1.1% |
-0.8% |
-1.3% |
Upcoming Economic Events that affect the AUD, NZD, JPY and USD
|
Date |
Time |
Currency |
Event |
Previous |
|
Aug 14 |
1:30 |
AUD |
-3 |
|
|
1:30 |
AUD |
-0.6% |
||
|
12:30 |
USD |
-0.4% |
||
|
12:30 |
USD |
0.1% |
||
|
12:30 |
USD |
-0.5% |
||
|
14:00 |
USD |
0.3% |
||
|
Aug 15 |
0:30 |
AUD |
3.7% |
|
|
1:30 |
AUD |
0.9% |
||
|
12:30 |
USD |
0.2% |
||
|
12:30 |
USD |
7.4 |
||
|
13:00 |
USD |
55.0B |
||
|
13:15 |
USD |
78.9% |
||
|
13:15 |
USD |
0.4% |
||
|
14:30 |
USD |
|||
|
Aug 16 |
1:00 |
AUD |
3.3% |
|
|
12:30 |
USD |
0.76M |
||
|
12:30 |
USD |
0.76M |
||
|
14:00 |
USD |
-12.9 |
||
|
22:45 |
NZD |
0.3% |
||
|
Aug 17 |
13:55 |
USD |
72.3 |
Government Bond Auctions
Date Time Country
Aug 14 09:10 Greece
Aug 14 09:10 Italy
Aug 14 09:30 Belgium
Aug 14 14:30 UK
Aug 15 09:10 Sweden
Aug 16 09:30 UK
Aug 16 15:00 US
Click here for updated NZD/USD News.
Originally posted here
