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- RBNZ Expected to Retain Current Policy Amid Period of ‘Interest Rate Stability’. - Will RBNZ Governor Graeme Wheeler Remove the Verbal Intervention on Kiwi? Trading the News: Reserve Bank of New Zealand (RBNZ) Rate Decision According to a Bloomberg News survey, all of the 13 economist polled see the Reserve Bank of New Zealand (RBNZ) keeping the interest rate on hold at 3.50%, but the fresh batch of central bank rhetoric may produce increased volatility in the NZD/USD ...
The global economic growth is likely to be slightly above 3 percent this year in the face of geopolitical risks, International Monetary Fund Chief Christine Lagarde said in an interview with the French daily Les Echos. The growth is likely to be between 3 and 3.5 percent, she said. Growth is uneven as some countries started growing faster than others. The IMF is set to release its next World Economic Outlook in October. Earlier ...
Employment in the U.S. increased by much less than expected in the month of August, according to a report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment increased by 142,000 jobs in August compared to economist estimate for the addition of about 225,000 jobs. Despite the weaker than expected job growth, the unemployment rate edged down to 6.1 percent in August from 6.2 percent in July due to a decrease in the size of the ...
When glowing lava peeked through a gap in the clouds above Iceland this week, NASA satellites finally caught a sky-high view of the fiery eruption. Iceland's spectacular lava fountains, spewing from a long fissure northeast of Bardarbunga volcano, have been monitored hour-by-hour by a horde of excited scientists. The public is watching too, by live webcam and through photographers and journalists brought in by car, plane and helicopter. ...
- U.S. Non-Farm Payrolls (NFP) to Increase 200+K for Seventh Consecutive Month. - Would Match the Longest String of 200+K Prints Since 1997. Trading the News: U.S. Non-Farm Payrolls The EUR/USD may face a further decline over the next 24-hours of trade as the U.S. Non-Farm Payrolls (NFP) report is expected to show the world’s largest economy adding another 230K jobs in August while the jobless rate is expected to narrow to an annualized 6.1% from 6.2% the month prior. ...
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