RBNZ

The week ahead will kick off with some big events lined up primarily in the United States. Heading into this week, the U.S. mid-term elections are due and could bring a significant bout of market volatility. This is later followed up by the…
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Consumer prices in New Zealand rose unexpectedly in the three months ending September 2018; official data showed last week. Headline inflation rate was seen rising 0.9% on a quarterly basis during the third quarter of 2018, data from…
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The New Zealand Dollar (NZD) is surprisingly popular among traders given the unique characteristics of the country it's from - taking a larger than life role in the markets, not unlike the hobbits they are now famous for. Before the Lord of…
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The Reserve bank of New Zealand will be holding its monetary policy meeting this week. The central bank is expected to leave interest rates unchanged. The official cash rate remains at 1.75%. Despite an uptick in recent economic data,…
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The economic calendar for the week ahead remains relatively quiet. This puts extra focus on the Fed's meeting due this week on Wednesday. The FOMC will be releasing its monetary policy statement along with staff economic projections and a…
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Summary: New Zealand quarterly retail sales rise 1.1%, above estimates of 0.4% Annual retail sales rise 3.1% Better than expected retail sales raises prospects of a stronger Q2 GDP growth The latest retail sales report from…
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Daily Forex Market Preview - 09/08/2018 The U.S. Dollar was on the back foot on Wednesday. China is set to hit the U.S with fresh trade tariffs of the amount of $60 billion. The market reaction was however largely muted. The British…
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The latest quarterly statistics on the employment front for New Zealand showed that the nation's jobless rate inched higher. Meanwhile, dull wage growth remained but pressures from strikes across the different sectors are expected to boost…
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The week ahead is expected to start somewhat slower compared to the previous week, as data on the economic calendar is rather limited. The RBNZ’s monetary policy meeting is due this week, which is likely to gather attention amid lack of…
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Daily Forex Market Preview, 28/06/2018 The RBNZ's monetary policy meeting held in the overnight session showed that the central bank left the overnight cash rate unchanged at its meeting as widely expected. The New Zealand dollar was…
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