3 Aug 2021 11:33
Two weeks ago, the RBNZ (New Zealand's Central Bank) reduced their stimulus and indicated to the market that they were getting ready to hike interest rates. So we have a 50/50 chance of a hike this month. It's been a long time since we've been in this position, and the markets love it.
Tonight we get the Employment report; this is the last piece of data we get before the interest rate decision is made. I expect some fireworks.
Watch this space for my full trade plan and analysis.
Check out the report history here.
https://calendarapi.galaxysoftwareinc.com/l/aHR0cHM6Ly9jYWxlbmRhci5nYWxheHlzb2Z0d2FyZWluYy5jb20vIy9jYWxlbmRhcjtuYmM9Tlo7bm49VW