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 RBNZ push the kiwi higher?
The Reserve bank of New Zealand will publish its rate statement and make the interest rate’s announcement on June 26, at 5:00 MT time.
After the expected rate cut from 1.75% to 1.5% during the previous meeting, we do not anticipate any changes to the interest rate this time. However, the RBNZ governor Adrian Orr may provide the bank’s opinion on the future path of its monetary policy. Let’s see if policymakers support the New Zealand currency this time.
• If the RBNZ is hawkish, the NZD will rise;
• If the RBNZ is dovish, the NZD will fall.
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The New Zealand interest rate is announced on Wednesday at 03:00 MT time.
Australia will publish its Inflation Rate on January 25, at 02:30 MT time.
Germany will release the flash Purchasing Managers' Index (PMI) for manufacturing and services industries at 10:30 GMT+2 on January 24.
Leibniz Centre for European Economic Research (ZEW) will release an economic sentiment index for Germany on January 18, 12:00 GMT+2