South Korea: BoK expected to keep the steady hand – UOB
Economist at UOB Group Ho Woei Chen, CFA, reviews the outlook for the country and
US Service Sector: Activity held back by supply shortages – Wells Fargo
Data released on Wednesday showed an unexpected decline in the ISM service sector activity index.
Rebound in the Australian and New Zealand economies is better than expected – NAB
Having witnessed the key events from the Pacific nations, National Australia Bank (NAB) signaled in
US: Factory Orders rise by 1.1% in March vs. 1.3% expected
Factory Orders in US rose less than expected in March. US Dollar Index stays in
US: Private sector employment rises by 742K in April vs. 800K expected
US ADP Employment Change arrived at 742K in April. US Dollar Index turned flat on
US: Markit Services PMI improves to 64.7 (final) in April from 60.4
US Markit Services PMI climbed to a fresh series high in April. US Dollar Index
US: ISM Services PMI edges lower to 62.7 in April vs. 64.3 expected
ISM Services PMI edged slightly lower in April. US Dollar Index posts modest daily gains
AUD/NZD Price Analysis: Bulls challenges 20-hour SMA near 1.0750
AUD/NZD is consolidating near 1.0735 in the Asian session. The risks appear to the upside
Weaker iron ore prices may weigh on AUD/USD – Goldman Sachs
In its latest report, Goldman Sachs cites expected weakness of iron ore, Australia’s key export,
NZD/USD Price Analysis: Bulls battle previous hurdle above 0.7200 amid rumors over AU-NZ travel bubble
NZD/USD eases after refreshing weekly top following its sustained break of 50-SMA. Upbeat Momentum backs