
This Wednesday will be heaven for day traders. A considerable number of events will make the market volatile. Don't miss it!
The monetary policy statement by the Reserve bank of New Zealand is scheduled for February 13 at 03:00 MT time.
The RBNZ will not make changes to the interest rate this time and keep it at 1.75%. But the central bank may provide some comments on the possible changes to its monetary policy in the future. During the last meeting, the RBNZ governor Adrian Orr noted the central bank expects to keep the rate at the current level until 2020 and provided hints on the possible rate cut. If the statement is more hawkish this time, the NZD will be supported.
• If the RBNZ is hawkish, the NZD will rise;
• If the RBNZ is dovish, the NZD will fall.
This Wednesday will be heaven for day traders. A considerable number of events will make the market volatile. Don't miss it!
The Reserve Bank of New Zealand will make a policy statement on August 18 at 05:00 MetaTrader time (GMT+3).
Read a short market wrap before trading today!
The Reserve Bank of Australia (RBA) will make a statement and release a Cash Rate on February 7, 05:30 GMT+2. It's among the primary tools the RBA uses to communicate with investors about monetary policy.
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.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
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