Economic Data

HiFX Morning Update, October 2, 2017

Monday, 2 October 2017, 8:18 amPress Release: HiFX HiFX Morning Update, October 2, 2017 The NZDUSD opens at 0.7203 (mid-rate) this morning. A quiet end to the quarter saw the NZD trade tight ranges against all its rivals. The NZDUSD closed out the week just above 0.7200 down nearly 2% since the September 24th election. Friday’s US economic data releases ...

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Key data to guide trade as Q4 starts

KEY economic data due out soon could dictate price movements as the stock market enters the fourth quarter. “It looks like we’d be going … sideways … because there’s nothing positive this week,” Summit Securities, Inc. President Harry Liu said. News that US President Donald Trump will be visiting the country in November could provide a small boost but “other ...

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Commercial property prospects look healthy

Dunedin’s commercial property sector is in good health with high rental yields, low vacancy rates and office rents at multi-year highs — plus an expected boost from the up to $1.4billion hospital build. Economic data analysis company Infometrics said commercial property in Dunedin tended to “slip under the radar” of investors, as few buildings were of sufficiently high value to ...

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Is GDP still relevant to measure Nigeria’s economic progress?

For many decades, statisticians and economists have used Gross Domestic Product (GDP) as the basic tool for measuring economic progress. GDP aggregates the value of all economic activities in a country. It is the monetary value of all the finished goods and services produced within a country’s borders in a specific time period. For instance, the GDP figures released by ...

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US dollar steady | US dollar remains steady

The US dollar remained steady against a basket of major currencies after conflicting US economic data, leaving it on course for its largest weekly rise in 2017 amid a rise in expectations for inflation and US interest rate hikes on Friday. Federal Reserve Chair Janet Yellen said earlier this week that the Central bank planned to stay on its current rate hike ...

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Are Investors Bullish? and Others News

It is a big week for economic data. The punditry will be analyzing the Trump tax proposal. Everyone will be drawing conclusions about how these factors may be linked with stock prices. Expect people to be asking: Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, ...

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Despite some softness, regional economy continued to grow in second quarter | BiS

Following an extraordinarily strong first quarter, the region’s economic numbers softened somewhat in the second quarter of 2017 but continued to grow steadily, a trend Armstrong State University economist Michael Toma predicts will continue beyond the New Year. “Although we can expect a bump or two in the third quarter due to the effects of Hurricane Irma, sustained economic expansion ...

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