Tags » Rbnz

Notes From Underground: The Ball of Confusion Keeps On Rolling

Tonight I am posting a PODCAST I recorded Wednesday with Richard Bonugli just after new Fed Chairman Jerome Powell’s press conference. Richard and I covered a great deal of ground in discussing the most pertinent issues confronting the world of global macro. 291 more words

Currency

Notes From Underground: Dear Chairman Powell,

Wednesday brings the FOMC‘s interest rate decision. The CONSENSUS is for an increase of 25 basis points to 1.50%-1.75%. Chairman Powell, you will have a chance to explain the Fed’s decision as you engage in your first press conference 30 minutes after the announcement. 918 more words

Fed

9 Feb 2018 (AFR) - RBNZ expects to hold interest rates at record low until mid-2019

(9 February 2018, AFR, p16, by Tracy Withers)

‘New Zealand’s central bank held interest rates at a record low and projected they would stay there until mid-2019 as inflation remained subdued amid slower economic growth.’ 15 more words

1.Market Observations

New Zealand Takes Step in Direction of Economic Nationalism and Less Central Bank Independence: How This Impacts Our Long Standing Bullish Stance on Kiwi

  • New Zealand First party leader Winston Peters sided with the Labour Party over the incumbent National Party in forming a coalition government. Labor leader, Jacinda Ardern, will become the youngest prime minister to lead New Zealand in 150 years at the age of 37.
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RBNZ holds rates at 1.75%

The Reserve Bank of New Zealand left the Official Cash Rate (OCR) unchanged at 1.75%.

Statement by Reserve Bank Governor Wheeler:

Macroeconomic indicators in advanced economies have been positive over the past two months.   277 more words

Important Events And Economic News

Market Update | 18 July 2017 | How To be A Relevant Trader, AUD/NZD Updates

In today’s market update, let’s talk about the negative repercussions of trading solely with technical facts and how this might lead us to read the market wrongly. 227 more words

Revelation Trading

Market Update | 23 June 2017 | Bank of England's Divided Opinion & More

Today, we bring you a comprehensive market update about various currencies, namely the NZD, the AUD, the GBP, the CAD and the RUB. 402 more words

Market Update