Reserve Bank of New Zealand (RBNZ) will reveal Official Cash Rate and make a statement about monetary policy on October 6, 04:00 GMT+3.
Will the ECB monetary policy accounts affect the euro?
The ECB monetary policy accounts will be published at 14:30 MT time on November 21.
The monetary policy accounts are published one month after the interest rate announcement. Normally, the information is presented in two parts. The first one contains the latest developments of the Eurozone economy and the possible financial strategies to follow. The second one reflects the discussions that took place in the process of decision making and the reasoning behind the option that was chosen. Hence, we will see in detail why the interest rate was kept steady at 0% on October 24 and what the sentiment of the European monetary future is among the policymakers.
- If the ECB monetary policy accounts reveal a steady rate intention, the euro will rise;
- If the ECB monetary policy accounts reveal openness to further ease, the euro will drop.
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Turkey’s central bank governor was at a crossroads: to hold interest rates and take a risk to be fired like it was for three governors before him, or to comply with the president, to cut rates, and to risk the market. Let’s find out, how to react to the rate cut.
The United States will release the weekly Unemployment Claims on October 21, at 15:30 MT time (GMT+3).
Great Britain will publish the Inflation Rate on October 20, at 09:00 MT time (GMT+3).
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