The New Zealand Dollar soared after upbeat third-quarter employment data crossed the wires. A private-sector version of China’s manufacturing PMI survey is on tap ahead.
Tomorrow we have the Federal Reserve’s second to last monetary policy announcement of the year and while no changes are expected, they are widely expected to set the stage for a year-end rate hike. The […]
New Zealand’s jobless rate fell to a nine-year low in September while the impact of $2 billion pay equity settlement for care and support works stoked wage inflation. The kiwi dollar jumped almost half a […]
The New Zealand Dollar rose more than half of a percent against its major counterparts as the third quarter unemployment rate beat expectations.
KEY FINDINGS ▪ The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI® ) fell 3.1 points to 51.1 points in October (seasonally adjusted), indicating slower growth after a run of stronger monthly expansions […]
• NZ Q3 unemployment rate impresses at 4.6% vs exp 4.7%. • NZD/USD rallies over 50 pips on the jobs data. • Eyes will quickly turn back to the US events and political annoucements. Yesterday’s […]
Labour market at a glance • Unemployment rate fell to 4.6 percent. • Underutilisation rate unchanged at 11.8 percent. • Employment rate rises to 67.8 percent. • Wage rates grow 1.9 percent. Unemployment, underutilisation, and […]
The dollar is turning in a mixed performance against its major rivals Tuesday afternoon. The buck is gaining ground against the Japanese Yen after the Bank of Japan lowered its inflation outlook, but is down […]
BREAKINGhttps://twitter.com/CNNSitRoom/status/925474361108287488NYC mayor: Based on current information, “this was an act of terror, and a particularly cowardly act of terror aimed at innocent civilians.”BREAKING1509485480
The New Zealand dollar was little changed, holding near a 17-month low on a trade-weighted basis before employment data that may point to an uptick in inflation. The kiwi traded at 68.42 US cents as […]