fxmatters

• 31 Jan 1893 – Coca-Cola trademark is registered, with the name and logo thought up by the accountant—see the back office does count!
• 2 Feb 1981 – GM ends a 59 year streak of profitability.
• 3 Feb 1637 – Holland’s tulipmania ends a much briefer streak with a crash.
• 3 Feb 1815 – The first commercial cheese factory starts in Switzerland.

So, the Reserve Bank didn’t tighten last week. But the warning they gave did have the same impact: interest rates and the NZ dollar up. This will probably be the theme now until March but what about afterwards? … Read Awaiting the last rate hike

• 21 Jan 1720 – South Sea Company proposal to parliament starts share price bubble: £128 to £1050 (Aug) to £100 (Dec). Costing Sir Isaac Newton £20,000.
• 28 Jan 1957 – US secretary of the Treasury George Humphrey’s “I don’t think you can spend yourself rich” is still apt today—but for the private sector.
• 29 Jan 2004 – RBNZ surprisingly raises OCR by 0.25% to 5.25%. By May the NZ TWI was 5% lower!

The RBNZ is on the brink of tightening – what does this mean for the NZ dollar? … Read Further tightening ahead.