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RBNZ

VIEW: BNZ: 50:50 50 As CPI Soars

CNH

Unfazed By Domestic Data

CROSS ASSET

Nothing In The Way Of Notable Reaction To Chinese Data

US TSY OPTIONS

TYZ1 130.00 Puts Blocked

KIWI
KIWI: Westpac write: "The 4c decline in Jan and Feb could run further to $0.6200
if coronavirus uncertainty does not abate. If it does abate, then a fresh rally
towards $0.6500 should ensue. The NZ economy is expected to outperform the US's,
and the Fed is expected to cut its policy rate several times later this year,
pushing NZ-US yield spreads higher."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com