Highlights from last week
Our week started off with the UK Production PMI which came out below the expected figure. The Reserve Bank Of New Zealand finally had their Official Bank Rates cut by 25 (2.00% from 2.25%). U.S unemployment claims also improved. New Zealand Retail Sales improved as well. To close off our week, the USD had it bad when the Retail sales, Core Retails sales , PPI and Consumer sentiment all got a negative print. Below are the economic news to watch from the 15th to the 19th of August.