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👤Isaac Ndegwa
🕔September 6, 2016
The Kiwi remained little changed after the Asian session and has a high likelihood of making gains after the ‘Global Dairy Trade Auction’. Currently, the futures market shows that price of whole milk powder will gain for the fourth consecutive time.…
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RBNZ Rate Cut Ahead or Not?
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👤Nurudeen Amedu
🕔August 10, 2016
- This week holds a higher chance of a 25bp cut
As this week’s RBNZ Monetary Policy Statement draws closer. With the focus shifting to fiscal policy and global monetary policy having a long way to go, pressure will be mounted on some of the world’s major central banks to drive monetary policy further into the red.…
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The Kiwi Remains Subdued Ahead of RBNZ Rate Decisions
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👤Isaac Ndegwa
🕔August 9, 2016
The New Zealand Dollar has remained muted this week as the world awaits the RBNZ’s rate decisions. Even the excellent credit card spending figures released on Tuesday were not good enough to spur some excitement around the Kiwi. The pound has also continued to slide out of favor with investors owing from poor trade data in the UK but it still looks stable against the Kiwi.…
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