Free Trial

Westpac note that "the Fed disappointed........>

KIWI
KIWI: Westpac note that "the Fed disappointed those hoping for a 50bp rate cut
on 31 July, and the RBNZ should cut the OCR by 25bp today, signalling that more
easing is likely. In addition, the global trade war should eventually weigh on
the NZD. We target $0.6400 for NZD/USD by year-end."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.