The Predictive Power of the Kiwi
- Posted by Joe Campbell on October 24, 2018 in Global Economies
Question: What do currencies say about an economy? Well that’s a trick question because the answer is everything and nothing at all
See, in today’s trading markets a currency means nothing unless it’s compared against another national currency (or perhaps the price of gold). When you compare a currency against another currency, not only can it be a potential indicator of economic strength relative to other economies, but it can also tell you the general global financial mood, the appetite for risk, the stage of economic cycle – both domestic and global, about the state of inflationary pressures and about other macroeconomic and environmental forces.
Recent Greenback Weakness is the Eye of The Storm
- Posted by Sean on September 28, 2017 in Banking Global Economies
If you’ve found yourself accidentally turning to the business section of the newspaper in the last few years, you may have noticed plenty of economists, market analysts, and other people who sound like they’d be no fun at a backyard barbecue talking about something called Quantitative Easing. That’s usually a good time to turn over to the funnies, but today let’s cover off what Quantitative Easing (QE) is about, starting with a brief history lesson.
Construction in New Zealand
- Posted by Sean on August 31, 2017 in Global Economies Immigration
If you’re looking for a booming industry with tonnes of jobs, look no further than construction. We’re going to take you through some ins and outs of construction in New Zealand!
Indian Independence Day – 70th Anniversary
- Posted by Sean on August 15, 2017 in Global Economies
When anyone mentions Independence Day, you’d be forgiven for thinking that they’re talking about the 4th of July – which is Independence Day in the United States. But at Orbitremit, we think that India’s Independence Day is equally as important – even if it doesn’t get the same media coverage in western territories.
Stubborn US Dollar Bulls Don’t Deserve Your Pity
- Posted by Sean on July 26, 2017 in Global Economies
The EUR/USD’s ascent began in earnest after the result of the first round of the French election was sealed. The pair opened almost a cent and a half higher on the Monday after the election, rewarding euro bets the protectionist Le Pen would be the loser and the euro-centric Macron would push ahead with his pro-business agenda following his victory.
Housing in 2017
- Posted by Laurie I on March 30, 2017 in Global Economies
Wherever you look, housing is becoming a global issue. This is because the world’s population is expanding faster than the supply of global housing can keep up. Sydney, London and Auckland in particular have seen rapid price growth in the last five years. There is some method to the madness, however – and we’re going to take you through the ins-and-outs of housing in this article.
Automation – Surviving in the Rapidly Changing Global Job Market of 2017
- Posted by Laurie I on February 16, 2017 in Global Economies Technology
If you’ve been out and about lately, you’ve probably noticed that more and more things are being done by computers. Everything from supermarket checkouts to accountants are being automated. Even some web articles are written by computers (not this one though – don’t worry). We’ve all heard the stories about how robots are going to take over the world and that this rise in automation is going to steal our jobs, but is this really going to happen? Maybe eventually, but today we’re going to take you through our top tips for coping with the technological uprising in this article.
Australia – An Economic Year in Review
- Posted by Sean on February 9, 2017 in Global Economies
Australia hit some interesting economic times in 2016. We had shifting commodity prices, property madness and a year of global democracy (including Australia’s own election). We’re going to continue our look back on the year that was 2016.
Trump, China and Brexit – What the Three Biggest Buzzword Global Events of 2016 Have Taught Us
- Posted by Laurie I on January 16, 2017 in Banking Global Economies
Given that it’s the New Year, the OrbitRemit blog is reflecting on the year just gone. More than any other year in the last decade, 2016 had huge ups and downs – including a number of seemingly game changing events. Join us as we reflect on the biggest stories of 2016 in chronological order, and our analysis as to how these may change things going forward.
The Relationship Across The Ditch: Economic rises and falls between Australia and New Zealand
- Posted by Sean on September 15, 2016 in Global Economies Immigration Travel
Aussies and Kiwis have been trading citizens and currencies for decades. In this three-part series entitled The Relationship Across The Ditch, we’ll explore some of the many things which contribute to the uniqueness of the relationship.
Over the years, there have been a number of trends of the trade that have a substantial impact on the currency, housing prices and employment prospects. We’re going to take you through the most significant of these trends and give you some idea as to what we think will happen in the near future.