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All articles tagged with #rbnz

economy1 year ago

Key Economic Data and Market Movers to Watch This Thanksgiving Week

The upcoming week in economic news features key events including the release of the FOMC minutes, which will provide insights into the Fed's recent rate cut and its outlook on inflation and economic growth. The US PCE data, a preferred inflation gauge for the Fed, is expected to show a slight increase, influencing future rate cut expectations. The Reserve Bank of New Zealand is anticipated to cut rates further, while Australia's CPI data will be scrutinized for inflation trends. In Europe, the Eurozone's HICP is expected to rise, potentially impacting ECB policy decisions.

via ForexLive|
#australian-cpi#economy#ez-hicp
finance2 years ago

Market Watch: Key Insights and Outlook for the Week Ahead

In the week ahead, investors will be closely watching the release of the U.S. nonfarm payrolls report, speeches by Federal Reserve Chair Jerome Powell and European Central Bank President Christine Lagarde, as well as central bank meetings in Australia and New Zealand. The equity markets are starting the fourth quarter after a weak third quarter, with concerns over surging bond yields and the valuations of tech and growth companies. Lagarde's speech will be closely watched for indications on the future path of interest rates in the Eurozone. Additionally, the Reserve Bank of Australia and the Reserve Bank of New Zealand will hold policy meetings, with investors looking for any signals on rate hikes.

via Investing.com|
#equity-markets#european-central-bank#federal-reserve
finance2 years ago

US job losses weigh on stocks, RBNZ surprise boosts kiwi.

Stocks struggled to make headway on Wednesday, the dollar nursed losses and bonds clung to gains, as signs of a slowing U.S. labour market made investors nervous about the economic outlook, while a bigger-than-expected rate hike lifted the kiwi dollar. The Reserve Bank of New Zealand surprised traders with a 50 basis point hike on Wednesday that sent the kiwi up 1% at one stage to hit a two-month high -- a contrast with Australia's central bank, which paused its hikes on Tuesday. U.S. interest rate futures have rallied strongly over the last few weeks, as traders figure that under pressure banks will tighten up on lending anyway and save the need for monetary policymakers to do the job.

via Reuters|
#finance#interest-rates#kiwi