HiFX Morning Update, December 20, 2017

The NZDUSD opens at 0.6981 (mid-rate) this morning.

Reduced Holiday Format

This morning the latest GDT Price Index declined by 3.9% WMP -2.5%, SMP -4.8%. This fall in index is the fifth decrease in the last six offerings.

Economic data releases over the next 24 hours.

NZD - 10:45 - Current Account
- Trade Balance

GBP - 02:15am - BOE Gov Carney Speaks

USD - 04:15am - Crude Oil Inventories

Global equity markets are mixed, - Dow -0.17%, S&P 500 -0.21%, FTSE +0.06%, DAX -0.72%, CAC -0.69%, Nikkei -0.15%, Shanghai +0.88%

Gold prices have edged lower, down 0.2% to $1,259 an ounce. WTI Crude Oil prices are little changed trading at $57.47 a barrel.

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