Economic Calendar

Wednesday brings a potential Kiwi Dollar shaker, so let's take a closer look with the Economic Calendar. Euro Zone currency account report for January opens this agenda at 9 o’clock in the morning. Seasonally adjusted surplus contracted in the final month of 2016, down from November’s level of 36.4 billion in the green. US Mortgage Bankers Association will release their weekly mortgage... Еще applications figures for past week at 11 AM. Applications increased by 3.1% in the week ending March the 10th. US House Price Index for January follows at 1 PM GMT. According to Federal Housing Finance Agency, the index of house prices rose by point 4% in December. A total gain of 1.5% was posted in the final quarter of last year. US Existing Home Sales for February will be available at 2 PM. Total sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, expanded 3.3 percent to a seasonally adjusted annual rate of 5.69 million in January from an upwardly revised 5.51 million in December. The high importance Reserve Bank of New Zealand Cash Rate Announcement wraps up this rather short agenda at 8 PM. Cash Rate was left unchanged at 1.75% in February. Reserve Bank Governor Graeme Wheeler stated: “Monetary policy will remain accommodative for a considerable period. Numerous uncertainties remain, particularly in respect of the international outlook, and policy may need to adjust accordingly.” I'm Kiays Khalil and you've been watching the Economic Calendar for Tuesday. Check back in for the next overview of news releases for Thursday. Goodbye.

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