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The New Zealand economy is a strongly advanced free market economy ranked 63rd-largest in the world purchasing power parity (PPP) and 52nd-largest national economy by nominal GDP. What opened the core that made the nation great is strongly tied to productivity gain, strong institutions, and robust economic fundamentals

The United States economy is booming even though collective anxiety levels remain uncomfortably high as still elevated levels of COVID-19 cases and deaths have kept the virus a central consideration for many households, as consumers are no longer receiving stimulus money, and inflation is at its highest in decades.
Despite concerns about supply chains, inflation, and the pandemic, fundamentals are generally strong, and households have continually proved resilient in their spending over the past few months. Consumer expectations about the labor market are decidedly optimistic, and Americans have accumulated wealth via stimulus and asset holdings over the past couple of months.

Retail sale is an economic indicator in the USA that keeps inventory of demand for finished goods, by measuring the purchases of durable and non-durable goods over a defined time. It is the primary gauge of consumer spending, which accounts for the majority of the overall economic activities.
The state of the COVID-19 pandemic has determined the course of the economy since it was first discovered in March 2020, the economy has grown more resilient to the effect of the virus, as it’s clear that consumer behavior, not government restrictions had the greatest effect on economic outcomes.

The Reserve Bank of Australia last month held its Official Cash Rate at 0.10% after it was changed to 0.25% in the month of November 2020, as early glimpses of a rising rate appear more likely, of which Philip Lowe, Governor of the Reserve Bank of Australia is currently using to spur wage rises and help return inflation to its target rate of 2% to 3%. As it is widely expected to see the bank scale back the weekly pace of purchases from the current A$4 billion (2.8 billion) amid an improved outlook, supply constraints in the local bond market, and signs that the Federal Reserve will quicken its taper decision.

The non-farm payroll (NFP) report is a key economic indicator for the united states. It is intended to represent the total number of paid workers in the U.S excluding farm employees, government employees, private household employees, and employees of non-profit making organizations. The report is released every first Friday of a new month by the Bureau of labor statistics and is among the most market-moving data points for US Dollars, US equities, Treasuries, and Gold.
The economic recovery in recent months has been marvelous even though it has been based on the anticipation that the world would be able to keep ahead of the virus which appears to have resurfaced again in the last few days.

Retail sale is an economic indicator in the USA that keeps inventory of demands for finished goods, by measuring the purchases of durable and non-durable goods over a defined period of time. It is the primary gauge of consumer spending, which accounts for the majority of the overall economic activities.
United States retail sales for the month of October stood at 0.7% compared to the forecast of -0.2%, although fears that supply constraints could disrupt the holiday shopping season amid a continued shortage of goods.

Official Bank Rate is the interest rate that the Bank of England (BOE) pays commercial banks for reserve account deposits. This operation provides a bulk of liquidity to the banking system as short-term interest rates are a paramount factor in currency valuation, which is highly correlated with the economic outlook because its changes can affect both inflation and recession. The expectation for November 3rd meeting is that the BOE will deliver a 15-basis points rate rise to 0.25% given the heightened concerns over inflation, although the risk is that the BOE will not match the hawkish expectations priced in, given that money markets are currently looking for the most aggressive tightening cycle.

The New Zealand Unemployment Rate is the percentage of the total workforce in New Zealand that is unemployed and actively seeking employment during the previous month. It is a lagging indicator, meaning that it generally rises or falls in the wake of changing economic conditions.
New Zealand rebounded strongly from a recession last year, largely due to its success in eliminating the coronavirus within the borders and reopening its domestic economy well before other advanced nations. The country had been virus-free for months until an outbreak of the highly infectious Delta strain in August.