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New Zealand GDP Beats Estimate

New Zealand’s gross domestic product fell a seasonally adjusted 12.2% in Q2, data showed on Thursday GDP prod based (QoQ) sa (q2): -12.2% (est -12.8%, prev -1.6%). GDP prod based (YoY) sa (q2): -12.4% (est -13.3%, prev -0.2%). Annual average prod-based GDP -2.0% in Q2 vs year ago (Reuters poll …

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FX Option Expiries For Sept 17 NY Cut

FX option expiries for Sept 17 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1700 501m1.1775 530m1.1800 943m1.1850 1.2bn1.1875 1.0bn – USD/JPY: USD amounts          104.25 393m105.00 1.9bn105.10 512m105.25 355m105.40 856m105.48 800m105.50 506m105.53 400m105.55 522m106.00 2.0bn – AUD/USD: AUD amounts 0.7235 688m  – USD/CAD: USD amounts …

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Turkish Lira Hits New Record Low Against US Dollar

The Turkish lira weakened to a record low against the dollar on Wednesday as concerns about the economic outlook continue, while investors await the decision of the Fed. The Turkish currency touched record low 7.5020 and beyond this week, as Moody’s downgrade of Turkey’s credit rating to “B2” from “B1”. …

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