The Reserve Bank of New Zealand meeting this week is scheduled for November 29. The announcement is due at 2pm, local New Zealand time: which is 0100 GMT, and 2000 US Eastern time on Tuesday the 28th the current RBNZ Official Cash Rate (OCR) is 5.5% and there is no expectation of any change in
© Reuters. The New Zealand dollar (NZD) saw an uptick today, approaching a key resistance level as global markets reacted to a mix of economic signals and political changes. The currency edged closer to the 200-day Simple Moving Average (SMA) benchmark of 0.6100, buoyed by a decline in oil prices and the formation of a
Share: The New Zealand Dollar continues cruising higher on broadly positive market sentiment. The Kiwi rises in line with global equities as Oil continues its downtrend and US PMIs come in mixed. NZD/USD ends the week on a high note, rising to within close proximity of the 200-day SMA at 0.6100. The New
Share: The New Zealand Dollar trades higher against the US Dollar but lower versus the Yen on Friday. The Kiwi is supported by a relatively benign outlook for inflation amongst most counterparts. NZD/USD establishes a floor and rebounds, resuming the uptrend from midweek. The New Zealand Dollar (NZD) is trading mixed at the
Card retail sales -0.7% m/m in October Card retail sales -2.0% y/y New Zealand households have been slammed by the long cycle of interest rate hikes by the Reserve Bank of New Zealand. Which, of course, is a feature not a bug in the battle to drive down inflation. لینک منبع : هوشمند نیوز
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Share: The New Zealand Dollar declines across the board on Friday but rebounds late in session. Kiwi weakness comes from a combination of a negative global growth outlook and US Dollar outperformance. Hawkish commentary from Fed Chair Powell set the US Dollar trending higher against the Kiwi, NZD/USD resumes decline. The New Zealand
Share: The Business NZ Performance of Manufacturing Index (PMI), also known as the New Zealand Manufacturing PMI came in at 42.5 in October from September’s print of 45.3. “Today’s PMI is not a good look for GDP and employment growth. Our GDP forecasts already include a decline in the manufacturing sector in the
New Zealand Dollar, NZD/USD, CPI – Market Update: Recommended by Daniel Dubrovsky Get Your Free USD Forecast The New Zealand Dollar cautiously weakened in the aftermath of local inflation data. During the third quarter, New Zealand’s Consumer Price Index (CPI) grew by 5.6% compared to a year ago. This was slower than the 5.9% anticipated
NZD/USD has popped a few points in the early hours here on Monday with only New Zealand markets underway: The marking higher of the kiwi $ is a market dynamics move rather than an important shift in fundamentals. If you think the new government will solve all the problems the NZ economy is facing and
