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Week ahead: Kiwi rate decision and China PMI data

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Manage episode 402736494 series 2642132
Content provided by IG Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by IG Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The most volatile event of the week ahead is likely to be the New Zealand rate decision on Wednesday morning. With the Kiwi dollar at a nine-month low against the Aussie, if the Reserve Bank of New Zealand continues with its hawkish rhetoric, there’s a possibility of a short AUD/NZD winning on the day. The other event will be the Caixin and NBS PMI data in China which will give a deeper understanding of just how weak the Chinese economy is. Corporate data includes Ocado and Zoom on earnings watch.

Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.

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308 episodes

Artwork
iconShare
 
Manage episode 402736494 series 2642132
Content provided by IG Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by IG Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The most volatile event of the week ahead is likely to be the New Zealand rate decision on Wednesday morning. With the Kiwi dollar at a nine-month low against the Aussie, if the Reserve Bank of New Zealand continues with its hawkish rhetoric, there’s a possibility of a short AUD/NZD winning on the day. The other event will be the Caixin and NBS PMI data in China which will give a deeper understanding of just how weak the Chinese economy is. Corporate data includes Ocado and Zoom on earnings watch.

Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.

Follow us on Twitter, Instagram, and YouTube

  continue reading

308 episodes

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