Anasayfa Blog Daily News 5 things to know before the World Market opens 2nd November 2022

5 things to know before the World Market opens 2nd November 2022

by AgaBullion
5 things to know before the World Market opens 2nd November 2022

RBNZ Press Conference - New Zealand

In New Zealand, interest rates decisions are taken by the Reserve Bank of New Zealand. The official interest rate is the Official Cash Rate (OCR). The OCR was introduced in March 1999 and is reviewed eight times a year by the Bank. The OCR influences the price of borrowing money in New Zealand and provides the Reserve Bank with a means of influencing the level of economic activity and inflation.

Unemployment Change (OCT)-Germany

In German, unemployment change measures the absolut change in the number of unemployed people in the reporting month.

Unemployment Rate (OCT) - Germany

In German, unemployment change measures the absolut change in the number of unemployed people in the reporting month.

Fed Interest Rate Decision - United States

In the United States, the authority to set interest rates is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides on changes in discount rates after recommendations submitted by one or more of the regional Federal Reserve Banks. The FOMC decides on open market operations, including the desired levels of central bank money or the desired federal funds market rate.

Fed Press Conference -  United States

In the United States, the authority to set interest rates is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides on changes in discount rates after recommendations submitted by one or more of the regional Federal Reserve Banks. The FOMC decides on open market operations, including the desired levels of central bank money or the desired federal funds market rate.

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