Retail Sales NZD: The quarterly release of Retail Sales by the Statistics New Zealand directly reflects on the country’s consumer spending. Stronger sales could drive inflation higher, leading the Reserve Bank of New Zealand (RBNZ) to hike interest rates so as to maintain its inflation-containment mandate. Thus, the indicator impacts the New Zealand dollar significantly. A better-than-expected print tends to be NZD bullish.
Friday News December 2
2022-12-02
BOJ Gov Kuroda Speaks JPY: Kuroda as the head of the Bank of Japan, which controls short-term interest rates, has an important influence on the
