GDT data sends Kiwi 1.3% higher

Source: WBP Online
The Kiwi gained 1.3%, trading at $0.7040 against the US Dollar on the New York Stock Exchange by 14:30 GMT, as soon as New Zealand's Fonterra released its fortnightly auction. According to the latest Global Dairy Trade data, the average price jumped 3.8% to $2,263 per metric tonne, compared to the 2.1% rise to $2,188 per metric tonne posted on April 5.
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Tue, 19 Apr 2016 16:36:05 GMT

Europe finishes in green on Tuesday

Europe's largest stock markets closed Tuesday's trading session higher. The Euro Stoxx 600 Index gained 1.4%, with all sectors in the green zone. Britain's FTSE 100 Index added 0.8%, helped by a rally in UK-listed mining shares. France's CAC Index increased 1.2%, whereas Germany's DAX Index rose 2.2% after the ZEW released its promising Investor Confidence Index for April.

Tue, 19 Apr 2016 14:17:04 GMT

US housing starts and building permits drop in March

The number of building permits and housing starts in the US dropped more-than-expected in March. Both indicators fell to almost 1.09 million units, compared to February's 1.17 million building permits and 1.18 million housing starts. Until today, economists expected building permits decrease to 1.20 million and housing starts decline to 1.17 million units.

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