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New Zealand's gross domestic product expanded just 2.6 percent on year in the first quarter of 2015, Statistics New Zealand said on Thursday. More...
Trading the News: U.S. Consumer Price Index (CPI) A rebound in the headline U.S. Consumer Price Index (CPI) may boost the appeal of the greenback and spur a near-term pullback in EUR/USD as it puts increased pressure on the Fed to normalize monetary policy sooner rather than later. What’s Expected: Why Is This Event Important: Signs of stronger price growth may keep the Fed on course to raise ...
Goals and vacation don’t sound like they go together. After all, vacations aren’t supposed to be work, and goals seem like work. But Harvard Business Review makes a valid point—setting goals for your vacation helps you prioritize what you want to get out of them. It's often taken vacations with certain expectations in mind—mostly to relax. Then I’ll forget all about that expectation by trying to cram a month’s worth of activities into a ...
Trading the News: U.K. Consumer Price Index An uptick in the headline & core U.K. Consumer Price Index (CPI) may spur fresh monthly highs in GBP/USD as it raises the Bank of England’s (BoE) scope to remove the record-low interest rate sooner rather than later. What’s Expected: Why Is This Event Important: BoE Governor Mark Carney may sound increasingly hawkish over the coming months as the ...
CAUSE FOR OPTIMISM So here's a tip – if you want to form a view on China over the next year ignore the headline economic data and focus on reform. For it is reform and nothing else that will keep growth at elevated levels. Already there's some cause for optimism. Andrew Baston, the China economist at Gavekal Dragonomics, has identified financial liberalisation, fiscal reform and business deregulation ...
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