On Tuesday, May 28, 2019, the markets will be interested in the release of economic calendar data, which usually results in changes in price movements - the economic agenda is a key tool for the basic analysis of the news to predict the markets’ performance. Therefore, caution must be taken to determine the results of these actual data to make the right trading. The economic news today are:
The reaction from the announcement of the EU parliamentary elections results amid unexpected gains of anti-EU parties and its policies, as the union struggles in a trade war with the United States and facing the uncertain future of Brexit, especially after the resignation of Teresa May last weekend.
The New Zealand Financial Stability Report: The Reserve Bank of New Zealand's Financial Stability Report, released twice a year, provides a lot of information about the Bank's view on inflation, growth and the economic situation that has a major impact on future interest rates.
Comments from Reserve Bank of New Zealand Governor Adrian Orr: New Zealand Reserve Bank Governor Adrian Orr is scheduled to hold a press conference in Wellington, 120 minutes after the report is published. The press conference will be broadcasted on the New Zealand Reserve Bank website. There is often a fluctuation in the New Zealand dollar's performance as traders try to understand the direction of interest rates.