Honestly speaking i wonder why Maori and Kangaroo keeps so steady this afternoon, inspite on CNN Richard Quest talks like we are just tumbling in Chineese caused economical Armageddon and tomorrow we are all dead…
If NZ PMI figures released at 22:30 hrs dissapoint like the last time, (first pic), we might see a pull down of at least 15-20 Pips, what causes further selling given that virus fundamentals dont change next hours and days.
So the short upmove caused by positive RBNZ statements and assumed eassing of corona impact, will revers and price heads in the opposite direction because of the ongoing corona spread.
Data in Jannuary and the consequences:
Whats going on:
What could happen tonight and later on:
