by Ntombi Malatsi | Apr 9, 2017 | ECONOMIC NEWS
Economic News To Watch This Week
Last week was such a busy week. European Central Bank (ECB) president Mario Draghi had his speech about monetary policies on Thursday. On Friday U.S Non-Farm Payrolls dropped by 76K from expected 174K to 98K. U.S Averaged Hourly Earnings held steady at 0.2% while U.S Unemployment Rate decreased from expected 4.7% to 5.5%. Canada Unemployment rate held steady at expected 6.7% while Canada Employment Change rose from expected 5.7K to 19.4K which was good for Canadian Dollar. This week Fed Chair Janet Yellen is due to speak at the University of Michigan on Monday. New Zealand, Australian, Canadian, Swiss and German banks will be closed in observance of Good Friday. Learn more about trading on a bank holiday HERE.
Please help to keep this blog going. If you need to open a live account kindly register with one of the recommended FSB regulated brokers using the links provided HERE. For further assistance you can WhatsApp me on: +27 76 966 9392 Or +27 64 510 4132. Below is our weekly economic news.
by Ntombi Malatsi | Apr 2, 2017 | ECONOMIC NEWS
Economic News To Watch This Week.
Highlights from last week: Finally the article 50 was triggered on the 29th of March after such a long wait of 9 months. The whole process will be completed in 2019. British people are facing the unknown. It was a very sad goodbye from the EU President Donald Tusk as he made his speech on accepting the article 50. Bloomberg reported that Brexit in the eyes of EU is a mistake because it means that British people are abandoning a project which promotes peace and prosperity. He further mentioned that there is no need for punishment though because Brexit on its own is punitive enough. Hard times awaits British people, reported on another news. Please help to keep this blog going. If you need to open a live account kindly register with one of the recommended FSB regulated brokers using the links provided Here. For further assistance you can WhatsApp me on: +27 76 966 9392 Or +27 64 510 4132. Below is our economic news to watch ahead of U.S payrolls.
by Ntombi Malatsi | Apr 2, 2017 | ECONOMIC NEWS
New Zealand GDP Dates-2017
Country: New Zealand
Currency: NZD otherwise known as Kiwi
Bank Rate: 1.75%
Reserve Bank Of New Zealand (RBNZ) recently hiked their rates by 25 basis points in 2016 November. It is by far the highest out of all central banks. Gross Domestic Products (GDP) is one leading economic indicator that gauges the overall economic performance of the country. It measures the country’s economic health.
New Zealand releases their stats 75 days after the quarter ends. First quarter is done already. What it actually measures is the market value of all financial goods and services produced within the country. If you missed Canada GDP dates-2017, get them HERE. Please help to keep this blog going. If you need to open a live account kindly register with one of the recommended FSB regulated brokers using the links provided Here. For further assistance you can WhatsApp me on: +27 76 966 9392 Or +27 64 510 4132. Below is the New Zealand GDP release dates for 2017.
Recent Comments