RBNZ

The January FOMC meeting sent a message to the markets that the Federal Reserve was closely monitoring the global economic developments. Leaving the base rates unchanged in the 0.25% - 0.50% band with a unanimous vote, the Fed's statement…
Read More

Three Central Banks meet this week for the monthly monetary policy review and the markets are likely to look forward to the views. Kick starting the meetings, the US Federal Reserve is due to meet on the 27th January, tomorrow at 1900GMT…
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

The Reserve Bank of New Zealand is due to meet late this evening for its final monetary policy review for this year. Heading into the meeting, the expectations are for the RBNZ to deliver a 25bps rate cut, bringing down the benchmark…
Read More

NZDUSD which enjoyed a strong rally over the past few weeks was considerably weaker since yesterday after Fonterra's Global Dairy price index declined -3.1% down from 9.9% previously. For the most part of 2015, Fonterra's dairy prices were…
Read More

The Reserve Bank of New Zealand which met earlier today cut the benchmark lending rates by 25bps from 3.0% to 2.75%. The RBNZ cut rates amid concerns of softer growth from China and the weaker activity from emerging markets and developing…
Read More

The Reserve Bank of New Zealand in its July monetary policy meeting decided to cut interest rates by 25 basis points, bringing the overnight cash rate from 3.25% to 3%. The move was widely expected and was in fact priced in since the last…
Read More

NZDJPY: The Kiwi posted an all time high above 94 in early 2014 and since then has been in a gradual decline. While the currency initially fell rapidly in the early part of this year to form a short term base at 85.37, the bounce from here…
Read More

The EUR/USD closed the week on a lower stance, the incertitude of Greece’s headlines and the emergent state of the deal continuing to keep pressure on the trend. These echoes will still make an appearance in the future, inflicting movements…
Read More

RBNZ Cuts OCR rate by 25bps to 3.25% The Reserve Bank of New Zealand, in its monthly monetary policy preview cut the benchmark interest rates by 25bps from 3.5% to 3.25%. The cut in interest rates was based on low inflationary pressures…
Read More