Market updates on July 16
Welcome to Tuesday!
NZ Retail Sales
| Statistics New Zealand will announce the country’s retail sales data at 11:45 MT time on February 23. Despite the fact that the data is delivered later than the same figures from other countries, it creates hefty market impacts. |
| If actual reading is greater than the forecast one, the NZD will appreciate against other currencies. |
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Market updates on July 12
Friday is on!
Latest news
British inflation tacks on for the first time this year
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
Evergreen buck heads north
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
Gold ascends on Brexit jitters
On Tuesday, gold rallied because uncertainty over the latest developments in Britain’s departure from the EU backed safe haven demand and traders looked ahead for American inflation data to underpin the Fed’s pledge to remain on hold…
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