New Zealand 4Q Manufacturing sales down to 0% vs 1.6%
Mar 7, 2013
Forex: GBP/USD, 1.50 still working its magnetic magic
After the BoE's inaction on either policy rates or the extension of gilt purchases, excited counter-trend Pound players pushed the currency away from the psychological $1.50 area, reaching a session high of 1.5080, 50% fib retrac of the 1.52 -1.4965 decline, yet a steady evaporation of bids has snapped the rate back to the 1.50 vicinity at the NY close.
Wall Street closes at multi-year highs ahead Jobs report
The US stocks market closed Thursday session with gains as risk environment was boosted by Mario Draghi's bullish comments on the Eurozone growth. The Dow and the S&P 500 extended winning streak to five sessions. The DJIA ended above 14,300 for first time ahead of jobs report