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2024-11-07T17:24:45+0000
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Reserve Bank of New Zealand
RBNZ's surprise 50bp rate cut sends NZD to 7-week low
The Reserve Bank of New Zealand's unexpected 50 bp rate cut has sent the Kiwi dollar plunging to a seven-week low, as economic data shows subdued growth and inflation remains under control.
2024-10-09T05:32:15+0100
Look ahead: New Zealand interest rate decision; China CPI; China PPI; oil; PageGroup
The Reserve Bank of New Zealand is unanimously expected to hold rates at 5.5% again on Wednesday, the question is if there will be easing in Q4.
2024-07-09T14:50:08+0100
Gold and copper are at record highs
Copper set a new all-time high, briefly rising above $11k per tonne on Monday.
2024-05-20T08:54:39+0100
US inflation is in sight
The market awaits US inflation data. March economists anticipate headline CPI at 3.4% YoY, higher than the 3.2% in February. This increase is partly due to the recent rise in energy prices.
2024-04-10T10:40:31+0100
FX traders await central bank decisions for fresh impetus
The currency market is likely to react to a few announcements from central banks scheduled for this week, including from the Reserve bank of New Zealand, the Bank of Canada and European Central Bank.
2024-04-08T09:24:00+0100
Kiwi and Aussi dollar slip on cautious RBNZ while USD/JPY remains bid
Outlook on AUD/USD, NZD/USD and USD/JPY amid less hawkish RBNZ.
2024-02-28T10:23:16+0000
The New Zealand dollar drops on dovish RBNZ statements
In New Zealand, the RBNZ maintained its official cash rate at 5.5%. The decision was in line with all but one economist polled by Reuters.
2024-02-28T08:36:49+0000
Trading volatility: AUD/NZD on RBNZ rate decision
Wednesday 28 February brings the Kiwi rate decision. The central bank is expected to leave rates on hold at 5.5% for a fifth straight meeting, but at its last decision.
2024-02-23T09:03:44+0000
