RBNZ: Steady as she goes

New Zealand Dollar | EconAlerts

RBNZ is to announce its interest rate tonight at 20:00 (GMT) and is expected to remain on hold at +1.75%. The market has priced in the probability to remain on hold at 99.88% and the financial data also support the case as the inflation is currently at +1.6%, below RBNZ’s target range of 2-3%. The […]

Week ahead: February 5th-11th 2018

Weekly market outlook | EconAlerts

RBA, RBNZ and BoE interest rate decisions and other key financial data in focus.   Next week’s market movers   • In the UK, the focus will be shifted to the BoE interest rate decision on Thursday and is expected to remain on hold.   • The RBNZ’s interest rate decision on Wednesday should also […]

RBNZ remains on hold, appears optimistic

RBNZ, reserve bank of new zealand | Econ Alerts

Daily Analysis | 09 November 2017   The RBNZ kept its policy unchanged yesterday, as was widely anticipated, while the tone of the accompanying statement was more optimistic than previously. Policymakers softened even further their language on the Kiwi, noting that the exchange rate has eased since the August meeting and that if sustained, this […]

Weekly Market Outlook: November 6th – 10th

Weekly market outlook | EconAlerts

RBA and RBNZ rate decisions, key data in focus   Next week’s market movers   • In Australia, the RBA (Reserve Bank of Australia) is widely expected to stand pat once again. With the Bank likely to maintain its neutral bias on policy, the focus may be on any changes to the language surrounding Australian […]

NZD slides as government looks to expand RBNZ mandate

AUSTRALIA and New Zealand DOLLARS | Econ Alerts

Daily Analysis | 24 October 2017   The Kiwi dollar came under renewed selling pressure overnight, after New Zealand’s new Labour government announced some of its policies. Among other pledges, such as wanting to raise the minimum wage and is committed to fiscal responsibility, the new PM announced the government is seeking to reform the […]