LTG GOLDROCK REVIEWS the New Zealand RBNZ Rate Decision

New Zealand will receive its latest RBNZ statement and rate decision tomorrow morning at 7am Sydney time. 100% of economists expect the RBNZ to lift the official cash rate to 3% and whilst most of this move has been priced in, now that the Aussie is weakening it will likely add to the selling pressure once again if the RBNZ follows through with another rate rise.

LTG GoldRock Reviews the latest from the Reserve Bank of New Zealand and the upcoming rate decision.

LTG GoldRock Reviews Bank of Japan April 2014

The Bank of Japan meets again at the end of this month to decide if it will add to its current stimulus program. Less than 10% of leading economist expect the BOJ to add more money this month however with recent weaker than expected Trade Balance data they may be swayed to move closer to injecting some more cash especially with the higher sales tax now getting ready to kick in and an inflation reading to digest Friday.

Every day in the LTG GoldRock Insider Report, Andrew Barnett and the LTG GOLDROCK Trading Team reviews the latest Forex News to helps every day investors understand what is happening in the financial markets.

US First Quarter Earning threat to Stocks?

The US first quarter company earnings season which is about to kick off threatens to be another trigger point for stocks to decline. If the big ticket US companies do not beat market estimates it is a virtual given that stocks will continue to decline. Full year’s earnings growth is expected to be overall 7.3% and if it’s closer to 5% than 7% then stocks will decline further.

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