NZD First Impressions: Retail Trade The volume of goods sold fell by 2.3%. That is lower than the forecast for muted 0.3% rise, and well below the average analyst forecast for a 1.7% gain. Today’s fall follows a 0.9% drop
Upcoming Market Updates: NZD, JPY, EUR, GBP, USD NZD: Retail Sales q/q, it measures Change in the total value of inflation-adjusted sales at the retail level. NZD: Core Retail Sales q/q, it measures Change in the total volume of inflation-adjusted
GBP/USD – British Pound Jumped US Dollar British pound jumped 0.82% yesterday, as the currency has rebounded from its worst week of the year. GBP/USD went down 2.53% last week, as the USD has found strength after weeks of beating
Upcoming Market Updates: CAD, USD CAD: Corporate Profits q/q, it measures Change in the total value of pretax net income earned by corporations. USD: Core Durable Goods Orders m/m, it measures Change in the total value of new purchase orders
Upcoming Market Updates: AUD, JPY, EUR, GBP, USD AUD: Flash Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. AUD: Flash Services PMI, it measures Level of a diffusion index based
USD CNH | US Dollar Chinese Yuan Offshore The comment from Fed officials last week helped USD to surge and the expectations of 75bps rate hike on the next meeting which will be on 21st September. Last week there was
EUR/USD Plunging Into Parity as US Dollar Pair is moving around 1.0100-1.0270 channel for three weeks now. All attempts of the break through to its upper or lower border ended in failure. These attempts continued until 10th August after the
GBP, Conservative Party Elections The political backdrop, candidates and expected policies for traders to watch around next month’s UK Conservative Party leadership election, who will be the UK’s next PM ?. Traders generally overestimate the impact of political move’s on
Upcoming Market Updates: NZD, GBP, EUR, CAD NZD: Trade Balance, it measures Difference in value between imported and exported goods during the reported month. GBP: GfK Consumer Confidence, it measures Level of a diffusion index based on surveyed consumers. JPY:
Upcoming Market Updates: AUD, CHF, EUR, CAD, USD AUD: Employment Change, it measures Change in the number of employed people during the previous month. AUD: Unemployment Rate, it measures Percentage of the total work force that is unemployed and
Upcoming Market Updates: NZD, JPY, AUD, GBP, EUR, USD NZD: PPI Input q/q, It’s a leading indicator of consumer inflation – when manufacturers pay more for goods the higher costs are usually passed on to the consumer. NZD: PPI
Bank Of Canada Inflation on it’s Peak Bank Of Canada deputy governor said that obvious inflation is high but it is still far form being too high. Despite CPI has fallen to 7.6% y/y from 8.1% and core CPI is
