OCR

At its August monetary policy meeting held overnight, as anticipated the RBNZ kept rates unchanged disappointing the bulls with a more dovish tone than expected. Commenting on the outlook for the bank’s rate path, the RBNZ reaffirmed its… Read More

As widely expected, the Reserve Bank of New Zealand left the official cash rate (OCR) unchanged today at 2.0%. This follows last month's decision, which cut the rate by 25bps from 2.25% to 2.0% because growth and inflation remained on the… Read More

On Wednesday, the Federal Reserve announced that the federal funds target range will remain unchanged between 0.25% and 0.5% after a two-day policy meeting, offering also an overview regarding March's meeting agenda. While the decision was… Read More

Wednesday marked the release of China’s consumer prices for the month of November. Numbers came out higher than expected at 1.5% yoy (year-on-year), with a forecast of 1.4% and a previous recorded 1.3% yoy growth in October. The new… Read More

Compared to the commodities market, the forex market was more relaxed with fewer spikes. The dollar had a tranquil flow yesterday, with no major news with impact on the trading evolution. The Aussie profited from this, with a hike over… Read More