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👤Arthur Greene
🕔September 6, 2016
The latest report coming from the Global Dairy Trade (GDT), the seventh auction of 2016/2017, posted another strong increase of 7.7% after the previous 12.7% growth reported at the previous auction, as whole milk powder mounted a subtle climb of 3.7% on the trail of its previous 12.9% growth.…
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👤Nurudeen Amedu
🕔August 15, 2016
- Rates cut fail to deter NZD growth
- NZD gains high-yielding status
The latest efforts made by the Reserve Bank of New Zealand (RBNZ) to raise inflation and put a leash on its strengthening currency has been countered by a rebellion, with the surging housing market and a healthy economic advancement actively upholding investor confidence in the economy.…
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RBNZ Cut Rates by 2%
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👤Nurudeen Amedu
🕔August 11, 2016
The Reserve Bank of New Zealand (RBNZ) slash rates yesterday by 0.25% to 2% in a bid to curb uncertainties arising from global growth. This is the sixth time the RBNZ have cut rates in the last 14 months. Showing that there will be some significant need for further easing, the RBNZ Governor, Graeme Wheeler said “Global growth is below trend despite being supported by unprecedented levels of monetary stimulus, significant surplus capacity remains across many economies and, along with low commodity prices, is suppressing global inflation. …
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RBNZ Rate Cut Ahead or Not?
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👤Nurudeen Amedu
🕔August 10, 2016
- This week holds a higher chance of a 25bp cut
As this week’s RBNZ Monetary Policy Statement draws closer. With the focus shifting to fiscal policy and global monetary policy having a long way to go, pressure will be mounted on some of the world’s major central banks to drive monetary policy further into the red.…
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👤Arthur Greene
🕔July 25, 2016
- What to lies ahead for the Kiwi-Dollar
- Current state of the NZD
With the New Zealand Trade Balance Figures set to be released at 22:45 GMT. Analysts expect the country to print an excess of NZ$127 million after a previous print of NZ$358 million.…
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