RBNZ Rate Statement (NZD) – 29/10

What is it? It's among the primary tools the RBNZ uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.

Usual Effect If the announcement will hint towards higher interest rates, you can expect the NZD to rise.

When? October 29th at 4:00pm Eastern Time.

 

Trading Tip: This announcement can greatly affect the NZD, make sure to make your trades before.

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