orbex trading fx forex learning course orbex trading fx forex learning course

Notice

This Post has ended its release period. Please check Orbex's latest information and campaign on Orbex's company introduction page.

Orbex - What's now?

We are no longer promoting Orbex. The information regarding to Orbex on the website 'Hercules.Finance' maybe outdated. ref. Orbex

The Reserve Bank of New Zealand will be meeting this week on Wednesday for its first monetary policy meeting of the year.

No changes are expected as the RBNZ is expected to keep the overnight cash rate (OCR) unchanged at 1.75%.

The RBNZ has previously cut interest rates in September 2016. The OCR has remained steady ever since.

The recent inflation data released few weeks ago showed continued softness in consumer prices.

According to the data, New Zealand’s inflation slowed to an annual pace of 1.6% in the quarter ending December 2017.

This was weaker than the forecasts that pointed to a 0.4% increase and missed the RBNZ’s forecasts of 0.3%.

The weakness in the inflation is expected to see the RBNZ take a dovish stand. Ahead of the RBNZ’s meeting, the quarterly unemployment data will be released.

However, it is unlikely that even a strong beat on the estimates will change the RBNZ’s view.

Interest rate hike expectation from New Zealand’s central bank is expected only during the first quarter of 2019.

1

XMXM

4.9 rating based on 1,166 ratings
4.9/5 1166
2

DerivDeriv

4.9 rating based on 143 ratings
4.9/5 143
3

LQDFXLQDFX

3.5 rating based on 93 ratings
3.5/5 93
4

FBSFBS

3.6 rating based on 99 ratings
3.6/5 99
5

FXTMFXTM

3.9 rating based on 43 ratings
3.9/5 43
1

PrimeBitPrimeBit

3.9 rating based on 7,130 ratings
3.9/5 7130
2

BinanceBinance

4.3 rating based on 7,662 ratings
4.3/5 7662
3

bybitbybit

4.2 rating based on 3,323 ratings
4.2/5 3323
4

XBTFXXBTFX

1.9 rating based on 4,447 ratings
1.9/5 4447
5

WisebitcoinWisebitcoin

3.3 rating based on 4,701 ratings
3.3/5 4701