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タグ・フィルター:  Wages
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Kiwi jumps on upbeat RBNZ

RBNZ held the official cash rate at 1.75%. Rate statement was little changed. Both wages and inflation are expected to increase gradually. Monetary policy is to remain accommodative for a considerable period. Comment on New Zealand dollar was softer than many expected.
Kiwi jumped about half a cent after the release and stabilized near 0.725 in following hours. Month's high near 0.7325 is the next target and then year's high at 0.7375. Strong support area at 0.7175 - 0.72 should continue to hold…
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Non Farm Payroll

The market consensus for today's release is that the employment will increase another 151K workers which is still a modest raise after last month worst than expected data.
Last two month's release where very bad for the US job market with a modest 113k jobs created in January and a very bad number of only 75k jobs created in December.
The only steady numbers is the unemployment rate which is expected to decrease again by 0.1% from 6.6% to 6.5%.
In Figure 1 you can observe how volatile the Non
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