by Ntombi Malatsi | Apr 23, 2017 | ECONOMIC NEWS
Economic News To Watch This Week
Tentative=No specific time
q/q = Released quarterly
m/m=Released monthly
As I publish this, the French people have just hit the polls to cast their votes for presidential elections. This is the first round and will be followed by the second round on the 7th of May. The year 2016 was full of drama in the markets. Firstly it was UK referendum (Brexit), then Donald Trump campaigning for the presidency and finally elected as the 45th President of the United States. The markets have never been the same since then, it has been breaking the news after breaking news. The markets are very interesting in 2017.
How will the French elections affect EUR?
France is one of the biggest economies in the European Unions ( E.U). It has a strong influence in the economic decisions. The French economy forms approximately 15% of the European GDP and France remains an important decision maker in Europe. I will be watching EUR closely this week. Please help to keep this blog going. If you need to open a live account kindly register with one of the recommended FSB regulated brokers using the links provided HERE. For further assistance you can WhatsApp me on: +27 76 966 9392 Or +27 64 510 4132. Below is our weekly economic calendar.
by Ntombi Malatsi | Apr 16, 2017 | ECONOMIC NEWS
Economic News To Watch This Week
BOJ: Bank Of Japan
BOE: Bank Of England
GDT: Global Dairy Trade
Tentative: No specific time
CPI : Consumer Price Index (learn more about CPI HERE) and get all your 2017 CPI’s dates for New Zealand, Canada, U.S.A, Australia and UK HERE.
The markets remain open right throughout the year except on Christmas day. The following banks will be closed on the 17th of April in observance of Easter Monday.
- Swiss Banks: CHF
- French banks: EUR
- German banks: EUR
- Italian banks: EUR
- UK banks: GBP
During bank holidays, a currency involved may experience low liquidity and irregular volatility. Learn more about trading on bank holidays HERE. A few things to know about New Zealand Dollar, it is a commodity currency, along side with other currencies like Canadian Dollar and more. They do their GDT Price Index weekly which measures the change in the average price of dairy products sold at auction.
Please help to keep this blog going. If you need to open a live account kindly register with one of the recommended FSB regulated brokers using the links provided HERE. For further assistance you can WhatsApp me on: +27 76 966 9392 Or +27 64 510 4132. Below is our weekly economic news.
by Ntombi Malatsi | Apr 9, 2017 | ECONOMIC NEWS
Economic News To Watch This Week
Last week was such a busy week. European Central Bank (ECB) president Mario Draghi had his speech about monetary policies on Thursday. On Friday U.S Non-Farm Payrolls dropped by 76K from expected 174K to 98K. U.S Averaged Hourly Earnings held steady at 0.2% while U.S Unemployment Rate decreased from expected 4.7% to 5.5%. Canada Unemployment rate held steady at expected 6.7% while Canada Employment Change rose from expected 5.7K to 19.4K which was good for Canadian Dollar. This week Fed Chair Janet Yellen is due to speak at the University of Michigan on Monday. New Zealand, Australian, Canadian, Swiss and German banks will be closed in observance of Good Friday. Learn more about trading on a bank holiday HERE.
Please help to keep this blog going. If you need to open a live account kindly register with one of the recommended FSB regulated brokers using the links provided HERE. For further assistance you can WhatsApp me on: +27 76 966 9392 Or +27 64 510 4132. Below is our weekly economic news.
by Ntombi Malatsi | Apr 2, 2017 | ECONOMIC NEWS
Economic News To Watch This Week.
Highlights from last week: Finally the article 50 was triggered on the 29th of March after such a long wait of 9 months. The whole process will be completed in 2019. British people are facing the unknown. It was a very sad goodbye from the EU President Donald Tusk as he made his speech on accepting the article 50. Bloomberg reported that Brexit in the eyes of EU is a mistake because it means that British people are abandoning a project which promotes peace and prosperity. He further mentioned that there is no need for punishment though because Brexit on its own is punitive enough. Hard times awaits British people, reported on another news. Please help to keep this blog going. If you need to open a live account kindly register with one of the recommended FSB regulated brokers using the links provided Here. For further assistance you can WhatsApp me on: +27 76 966 9392 Or +27 64 510 4132. Below is our economic news to watch ahead of U.S payrolls.
by Ntombi Malatsi | Apr 2, 2017 | ECONOMIC NEWS
New Zealand GDP Dates-2017
Country: New Zealand
Currency: NZD otherwise known as Kiwi
Bank Rate: 1.75%
Reserve Bank Of New Zealand (RBNZ) recently hiked their rates by 25 basis points in 2016 November. It is by far the highest out of all central banks. Gross Domestic Products (GDP) is one leading economic indicator that gauges the overall economic performance of the country. It measures the country’s economic health.
New Zealand releases their stats 75 days after the quarter ends. First quarter is done already. What it actually measures is the market value of all financial goods and services produced within the country. If you missed Canada GDP dates-2017, get them HERE. Please help to keep this blog going. If you need to open a live account kindly register with one of the recommended FSB regulated brokers using the links provided Here. For further assistance you can WhatsApp me on: +27 76 966 9392 Or +27 64 510 4132. Below is the New Zealand GDP release dates for 2017.
by Ntombi Malatsi | Mar 25, 2017 | ECONOMIC NEWS
Economic News To Watch This Week
Highlights: On the 23rd of June 2016 UK made a decision to Vote themselves out of the European Union (E.U). The votes were in 2016 but the official process to leave the EU has not yet started. Last Monday, British Prime Minister Theresa May said she will be triggering Article 50 on the 29th of March. You can follow the countdown HERE. The whole process should take approximately 2 years. No other state has ever left Europen Union before, there is a lot of uncertainty awaiting British people.
Article 50: It is a part of European Union law that sets out the processes by which member states may withdraw from the European Union. This will have a direct impact on GBP. Brexit destroyed many accounts. Stay alert and know the economic factors that move the currencies that you trade. Please help to keep this blog going. If you need to open a live account kindly register with one of the recommended FSB regulated brokers using the links provided Here. For further assistance you can WhatsApp me on: +27 76 966 9392 Or +27 64 510 4132. Below is our economic news to watch this week.
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