Trading news

New Zealand's employment change to 1.4%

New Zealand

New Zealand's employment change climbed to 1.4%. The analysts predicted the indicator to appreciate 0.6%.

New Zealand's unemployment rate to 4.9%

The nation's rate of unemployment dropped from 5.1% to 4.9%, while the economists predicted stabilization at 5.1%.

The labor cost index stabilized at 0.4% and matched the analysts' predictions.

United States

The nation's total vehicle sales appreciated from 17.76M to 18.29M. The economists estimated the indicator to escalate 17.50M.

Japan

Japan's monetary base declined from 22.7% to 22.1%. The analysts predicted a drop to 21.8%.

Australia

Australia's building approvals decelerated from -1.8% to -8.7%. The analysts predicted a drop to -3.0%.

Dollar weakens further

Amid the U.S. presidential election coming closer, the U.S. dollar declined today. The greenback fell to three-week lows versus the euro. The EUR/USD traded to 1.1065, 0.1% higher.

Aussie oscillates bearish

The Australian dollar turned bearish versus the U.S. dollar, after the nation's building approvals release. The AUD/USD traded to 0.7628, 0.31% lower.

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Wednesday, 02 Nov, 2016 / 8:16

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/new-zealand-s-employment-change-to-1.4

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