Topic: 03rd August 2021 23:45 GMT New Zealand Unemployment Rate
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.