interest rates

Market Summary RBNZ lowers OCR by 25bps to 2.0% NZD unmoved by RBNZ’s “timid” rate cut French CPI confirmed at -0.40% in July 2016 Oil prices extends losses on build up in weekly oil inventory US jobless claims below 270…
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The Reserve Bank of New Zealand will be meeting this week, on August 10 at 2100 GMT for its monetary policy review. At the meeting, the RBNZ is expected to lower the OCR by 25bps, bringing the official cash rate to 2.00%, from 2.25%. The…
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The US dollar managed to recover last week with most of the gains being attributed to last Friday's payrolls report which managed to revive the dollar bulls. Still, the Japanese yen was the strongest currency last week, gaining 0.52%…
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Market Summary Australia retail sales rise less than forecast at 0.10% in June Yen stays muted to BoJ officials' comments on monetary policy assessment Chicago Fed Evans says one more rate hike in 2016 is appropriate Bank of…
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The Bank of England will be meeting tomorrow on August 4, 2016, where the central bank is expected to cut rates by 25bps, lowering the benchmark interest rate to 0.25%, a new record low. The BoE maintained interest rate steady at 0.50%…
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Market Summary RBA cuts interest rates by 25bps to new record low of 1.50% Japan’s Abe announces 28 trillion yen in fiscal stimulus spending NZDUSD rallies after New Zealand inflation expectations edge higher to 1.70% UK…
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Economists divided on RBA’s policy decision this week Forecasts point to a 25bps rate cut, expected to bring down interest rate from 1.50% to 1.25% Latest quarterly inflation data shows a QoQ increase of 0.40% or an annualized…
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The markets are set for another showdown with the Bank of Japan this week as the central bank meets on July 29, Friday for its monetary policy meeting. The dollar has posted steady gains since the past few weeks led by series of…
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The New Zealand dollar fell sharply this morning, down 0.70% at one point after the RBNZ released its economic update. In the report, the central bank said "At this stage it seems likely that further policy easing will be required to ensure…
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The Reserve Bank of New Zealand is expected to release its economic outlook on early Thursday. The schedule was announced a week ago which set off strong declines in the New Zealand dollar as investors sold off the NZD expecting the central…
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