The RBNZ hiked by 25bps to 5.50% in its May 24 meeting. Although the RBNZ maintained that interest rates would need to remain restrictive for the foreseeable future to achieve…
On May 12 the NZD lost value against the AUD due to cooling inflation projections. New Zealand’s 2-year inflation expectations fell to 2.8% from 3.3% prior to Q2. These cooler…
Going into the RBA meeting no interest rate change was expected. However, the RBA surprised with a 25 bps hike raising interest rates to 3.85% in a surprise move sending…
Next week both the Reserve Bank of Australia and the Reserve Bank of New Zealand meet. The RBA meets early Tuesday morning on the 4th of April at 05:30 UK…
Next week we have the Reserve Bank of Australia and the Reserve Bank of New Zealand meetings. The go-to currency pair for trading any divergence between the RBA and the…
Major central bank rundown It’s time for your central bank catch up. The link to the latest statement is at the bottom of each section, so just click there to…
The RBA thinks it has reached peak inflation and is citing monthly CPI data suggesting that inflation has peaked. Remember going into the meeting we pointed out that the headline…
The Reserve Bank of Australia meets this week and there is nearly universal support for a 25 bps rate hike. The Short Term Interest Rate Markets are projecting an 82%…
The RBA meets next week and here are the expectations. Short Term Interest Rate Markets see a 75% chance of a 25bps rate hike. The most recent Reuters poll shows…
In the last RBNZ meeting on February 22 markets were expecting a 50 bps rate hike. The surge in inflation had shown some signs of topping with January’s print coming…