Thursday , March 21 2019

Recent Posts

Global Economic Data 21st March

The Kiwi Dollar, The economy grew by 0.6%, quarter-on-quarter, in the 4th quarter. In line with forecasts, growth picked up from the 3rd quarter’s 0.3%. According to figures released by NZStats: Growth was attributed to a 0.9% rise in service industries, which was partially offset by 0.2% growth in goods-producing industries. Retail and …

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Economic data Of Global Market

Economic data released through the Asian session this morning was limited to 4th quarter current account figures out of New Zealand. Outside of the numbers, the BoJ released its monetary policy meeting minutes from February. The Kiwi Dollar, The 4th quarter current account deficit narrowed from NZ$6.15bn to NZ$3.26bn, quarter-on-quarter. Forecasts were …

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Oil Price Are Affected By Venezuela Crisis

Venezuela has the world’s largest proven oil reserves but mismanagement by the regime led by Nicolás Maduro and falling oil prices sent the economy down and many citizens fleeing to other countries. The oil industry suffered as well. Low investment and US sanctions are set to push output to below 1 million. The …

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