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2 pages/≈550 words
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APA
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Accounting, Finance, SPSS
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English (U.S.)
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Optionova Report Data Reinforced the New Zealand Dollar Rate (Other (Not Listed) Sample)

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About Optionova company

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Optionova report data reinforced the New Zealand dollar rate
"The level of optimism and economic activity in New Zealand came back to pre-crises levels" – showes the Binary Option Broker Optionova report for the 4th quarter. Perspectives for substantial improvement in the economy of New Zealand allow investors to rely on RNBZ rate hike this year.
In the interview given to experts of Optionova about results of the studies of New Zealand Institute of Economic Research show an increase in business activity in the second half of 2013. Optimism of business is at the maximum level at the rate for the past 20 years, commented on the date report by economists of the institute Shamubel Ikub. "Strong business activity and a high level of optimism should eventually materialize into higher profits, investment and more jobs," - he says”.
The highest level of optimism was recorded in December, when the corresponded figure was 52%, significantly higher than its September meaning (33%) and is the highest since summer 1994. There has also been a growth of activity in domestic trade field, for which the balance was 15%, that became the highest since March 2005 and exceeds level of September (12%). There is also a growth of employed people that has reached the maximum of 2006. At this time participants of studies expect, that hiring of additional staff will continue in current year and it gives hope for improvement of situation in the employment sphere and in growth of wages.
Another positive point is the distribution of the recovery processes for most areas of the country, whereas previously widespread signs of economic growth were observed mainly in Kantenberi . There is also an increase of activity in all sectors of the New Zealand economy. The level of price pressure remains subdued, but the central bank plans to increase rates over the coming quarters, explaining its decision by increase of productive capacity and strengthening economic growth in general . At this time, in Canterbury had already noted the appearance of restrictions imposed by the production capacity and its figures appear in other regions.
The number of companies representing the financial sector and expecting, that the RBNZ will raise the rate in the nearest future, substantially increased. The balance sheet increased til...
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