NZD Bank Holiday
New Zealand banks will be closed in observance of Labor Day;
Banks facilitate the majority of foreign exchange volume. When they are closed the market is less liquid and speculators become a more dominant market influence. This can lead to both abnormally low and abnormally high volatility;
Most Forex brokers remain open for every holiday except Christmas and New Year's Day. Stock markets and banks have slightly different holiday schedules;
- History
Expected Impact / Date | Description |
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Jun 27, 2024 | New Zealand banks will be closed in observance of Matariki; |
Jun 2, 2024 | New Zealand banks will be closed in observance of the King's Birthday; |
Apr 24, 2024 | New Zealand banks will be closed in observance of Anzac Day; |
Mar 31, 2024 | New Zealand banks will be closed in observance of Easter Monday; |
Mar 28, 2024 | New Zealand banks will be closed in observance of Good Friday; |
Feb 5, 2024 | New Zealand banks will be closed in observance of Waitangi Day; |
Jan 1, 2024 | New Zealand banks will be closed in observance of Second New Year's Day; |
Dec 31, 2023 | New Zealand banks will be closed in observance of New Year's Day; |
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- NZD Bank Holiday News
Major currencies are caught in a lull, not much changed to start the new week. It owes in part to a lack of interest as the Easter break is still in effect for some major markets globally. Australia and New Zealand are out today and it is also a holiday for almost the whole of Europe as well. Given that, liquidity conditions will be heavily impacted in the session ahead. So, don't expect much in terms of notable market action. It should be a rather quiet one barring any major surprises. Adding to that is the fact that markets are ...
The good news is that Japan and mainland China are open on Friday, 29 March 2024. • New Zealand, Australia, Hong Kong, Singapore are closed. • The UK and Europe will be closed. US markets will be closed on Friday also, stock exchanges, futures and physical bond trading. US bond trading hours are set by the Securities Industry and Financial Markets Association (SIFMA). SIFMA is recommending the US Bond market to be closed that day. So it is. Do note that Friday will bring comments from Federal Reserve Chair Powell. He will be speaking ...
Dear Trader, Please find our updated trading schedule for the Christmas, Boxing Day and New Year’s Day holidays below. All times mentioned below are Platform time( GMT +2) Liquidity over the holidays is expected to be particularly thin so please take the necessary precautions to ensure you are not affected by increased volatility, spreads and intermittent pricing. We will have staff to assist you throughout the holiday period whenever the market is open. Please be aware that deposits and withdrawals will be delayed when there is a ...
Dear Trader, Please find our updated trading schedule for the Christmas, Boxing Day and New Year’s Day holidays below. All times mentioned below are Platform time( GMT +2) Liquidity over the holidays is expected to be particularly thin so please take the necessary precautions to ensure you are not affected by increased volatility, spreads and intermittent pricing. We will have staff to assist you throughout the holiday period whenever the market is open. Please be aware that deposits and withdrawals will be delayed when there is a ...
Dear Trader, Please find our updated trading schedule for the Christmas, Boxing Day and New Year’s Day holidays below. All times mentioned below are Platform time( GMT +2) Liquidity over the holidays is expected to be particularly thin so please take the necessary precautions to ensure you are not affected by increased volatility, spreads and intermittent pricing. We will have staff to assist you throughout the holiday period whenever the market is open. Please be aware that deposits and withdrawals will be delayed when there is a ...
It is a quiet morning for the AUD/USD and the NZD/USD. There are no economic indicators from Australia or New Zealand for investors to consider with the markets closed for ANZAC Day. The lack of stats will leave investors to consider the week ahead, with key stats from Australia, New Zealand, and the US likely to set the stage for the respective central banks over the near term. Overnight, weak US economic indicators revealed more cracks in the US economy, with the Dallas Fed Manufacturing Index falling from -15.7 to -23.4 in April. ...
It was a quiet start to the week for the AUD/USD and the NZD/USD. There are no economic indicators from Australia or New Zealand for investors to consider before ANZAC Day on Tuesday. The lack of stats will leave investors to respond further to the better-than-expected US private sector PMIs. The all-important US Services PMI rose from 52.6 to 53.7, with the manufacturing PMI up from 49.2 to 50.4, fueling bets of a 25-basis point Fed interest rate hike in May and another move in June. According to the CME FedWatchTool, the ...
Easter Monday is a public holiday for many countries around the world. As Statista's Anna Fleck shows in the following chart, most of Europe has the day off work, as well as Australia and several countries in Africa. You will find more infographics at Statista The United States is notably one of the countries that does not enjoy the national holiday, despite the largest religion being Christianity. In several countries, including Germany, Botswana and Australia, both Easter Friday and Easter Monday are given as a public holiday. The ...
It is another quiet morning for the AUD/USD and the NZD/USD. There are no economic indicators for investors to consider, with the Australian and New Zealand markets closed for Easter Monday. The lack of stats and light trading volumes will likely leave the pairs to respond further to the US Jobs Report from Friday and jump in bets of a 25-basis point Fed interest rate hike in May. According to the FedWatch Tool, the probability of a 25-basis point interest rate hike sits at 66.0%, up from 48.4% one week earlier. With no US economic ...
Dear Trader, Please find our Updated trading schedule and general information for the Easter Holidays starting Friday, 07th April 2023 . All times mentioned below are Platform time (GMT +3). Forex: table Precious Metals: table Spot Energies: table CFDs: table Energy Futures: table Soft Commodities: table Index Futures: table Bond Futures: table Equities: Kind Regards, IC Markets.
Released on Mar 31, 2024 |
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