Market Crash Incoming?
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
NZD: another surprise from the RBNZ
The Reserve Bank of New Zealand announced the interest on 12 February at 15:00 New Zealand time. As expected, it was held at 1%. Governor Orr informed that the employment is at if not slightly above its sustainable level, economic growth is expected to accelerate due to monetary policy measures, and household spending growth is increasing. In the meantime, the Coronavirus is believed to bring a short-term effect on New Zealand.
As you can see, the report is pretty upbeat. As a result, NZD leapt by approximately 50 pips!
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Gold Outlook Ahead of NFP
Good day for all traders out there! We prepared a gold analysis and a bunch of other news for you to enjoy! Here's what you should know:
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The Most Important News For Today
Credit Suisse's collapse is in focus. What are the consequences of this problem? Let's discuss it here.
Crucial News For The Following Week
Consumer Price Index, Existing Home Sales, US Fed rate decision - all of these things we will discuss in our new review. Don't miss it out!
Focus on Banks' Meeting and NFP
The RBA and the Bank of Canada will add volatility to the AUD and the CAD, while USD is expected to be boosted by the Non-farm payrolls.
