Daily Update - 8th May 2019
If we take a look at the economic outlook yesterday Australia did not raise the interest rates as expected and the Monetary Statement gave out a hawkish stance over the future policies. Today’s highlight will be around New Zealand Interest Rate Decision & Rate Statement both will give us an indication on their current economic conditions and their future projections. Followed by Bank of Japan’s Monetary policy meeting minutes which will give us clear indication of their quarter growth and JPY probably stance against their rivals. Finally to conclude the busy day Mario Draghi will speak today at an Event in Frankfurt, Germany. Based on his future policies & comments markets could be volatile today for Euro.Yesterday’s Market
Yesterday’s Explained
Today’s Market
Today’s Focus