MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BRIEF: Trump Likely To Allow Powell To Serve Term - Moore

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI BRIEF: China Focus On Boosting Consumption In 2025

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI: US JOBLESS CLAIMS +17K TO 242K IN DEC 07 WK

MNI: US NOV FINAL DEMAND PPI +0.4%, EX FOOD, ENERGY +0.2%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Inflation Expectations In Focus Ahead Of RBNZ Monetary Policy Meeting

NZD

NZD/USD edged higher Wednesday as the greenback slipped alongside U.S. Tsy yields, while PM Ardern announced that the temporary border around Auckland will be lifted on Dec 15.

  • The RBNZ are set to publish their Q4 Survey of Expectations within a few hours. The main focus will fall on inflation expectations, one of the final notable data signals ahead of the RBNZ's monetary policy decision due next Wednesday.
  • The OIS strip prices ~35bp worth of OCR hikes next week. Note that the RBNZ typically move their benchmark policy rate in 25bp increments.
  • The rate last sits at $0.7000, little changed on the day. Topside focus falls on Nov 15 high of $0.7081 and a break here would clear the way to the 200-DMA, which intersects at $0.7093. On the flip side, bears set their sights on Oct 6 low of $0.6877.
BulletMarketsForeign Exchange BulletsHomepage
BulletMarketsForeign Exchange BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.