Switzerland Dec Real Retail Sales (YoY) rises to 5.1% vs 3% (Nov)

Feb 8, 2013

Forex Flash: Risk appetite soars in 2013 helping fortify NZD – BNZ

Financial market sentiment started 2013 in a heightened state as ongoing evidence of global economic  repair and a marked improvement in European financial conditions combined to rejuvenate investors’ appetite for ‘risky’ assets. The VIX index (a proxy for risk aversion) fell to the lowest level since 2007 and global stock markets soared. The MSCI World Equity Index climbed 5.0% through the month, to be up 12% from the November 2011 lows.

Forex: AUD/USD recovers ground on China, above 1.0300

The Aussie dollar has managed to regain the key 1.0300 figure from overnight lows in the proximity of 1.0250, boosted by positive Chinese data out of the trade balance and the inflation prints...