New Zealand's core retail sales dropped by 2.5% in April

Note: This section contains information in English only.
Source: Forexpros
New Zealand's core retail sales declined by 2.5% on a seasonally adjusted basis last month as compared to a 2.3% expansion in March, reported Statistics New Zealand. Experts predicted the retail sales to increase by 0.3% last month. Following the data release, the New Zealand's Dollar depreciated against its US counterpart by 0.40% and NZD/USD traded at 0.7798.
Back to articles

Actual Topics

Mon, 14 May 2012 07:20:26 GMT

Crude oil declined amid China's growth fears

Crude oil futures declined at Asian session after China announced it reduced the RRR for its banks. The move indicates that China's economy slows down and needs additional stimulus. Light, sweet crude oil futures for June delivery traded at 95.73 US Dollars per barrel on the New York Mercantile Exchange, declining by 0.42% from the last session's high of 95.71

Mon, 14 May 2012 06:59:20 GMT

China cut RRR by 50 bps

The central bank of China reported on Saturday that it decided to decrease the reserve requirement ratio (RRR) for its banks by 50 basis points, indicating the second reduction for 2012. The cut comes in force on May 18 and is expected to pump 400 billion Yuan into the country's market, according to Lian Ping, chief economist from the Bank

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.