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Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Confirmed: Former Finance Minister, Bill English is the New Prime Minister of New Zealand

December, 14 2016
watermark Economic news

Simon William English or also known as Bill English is the  new New Zealand Prime Minister as it was decided during the meeting held in “The Beehive" at Wellington, he then appointed Paula Bennett as his deputy leader. It is highly expected that English will be elected as  next leader of the country subsequent to the renunciation of John Key.

The 54-year-old PM plans to pursue the legacy of Key as his antecedent. Moreover, Mr.English seeks to make a thriving economy as he aim to have an open trades of investment and immigration.

Moody's Investors Service, a company of financial services expressed  country’s ability to deal with unfavorable circumstances due to a more stabilized public finances. In essence, they also expects for salient reforms regarding  economy under  leadership of Prime Minister Bill English.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.