Daily Alert: Wednesday 30th November 2016

Mark Nugent Daily Alert, Nov 2016

Forex Analysis for Wednesday 30th November 2016 Economic Calendar US Preliminary GDP q/q came in above expectations (3.2% vs 3.0%). The RBNZ Financial Stability Report was released and Governor Wheeler stated the RBNZ expects CPI in December to return into target range at just above 1%. This must reduce the chances of further rate reductions. The NZD strengthened. ECB’s Coeure …