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CPI Lower As Spain Bucks Trend; GDP Lower


Bearish Despite Recent Gains


Key Support Zone Holds - For Now


Austrian and UAE Agree LNG Co-Operation


Economic Outlook Remains Downbeat

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RBNZ: VIEW: ASB "no longer think that the RBNZ will cut the OCR - unless the
impacts of the coronavirus prove to be much larger and more prolonged than the
short, sharp impact viral outbreaks tend to have. Barring coronavirus, an OCR
cut would be unlikely. Rather than base a forecast of an OCR cut entirely on an
uncertain event, we have decided to pull the May 2020 OCR cut we had forecast."
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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