There is a classic risk aversion in the markets, reminiscent of what we saw some 16 years ago in 2008. The sell-off in U.S. markets does not look extreme yet, although Japanese markets are recording their worst day since Black Monday 1987, and trading has been suspended in Korea, Turkey and Taiwan. The spike in […]
We expect the RBNZ will leave the OCR at 5.5% at the August Monetary Policy Statement. We expect a significant revision in the forward view for the OCR consistent with potential easing in October and November, leaving the year end OCR at 5%. We also expect significant downward revisions to the 2025 and 2026 OCR […]
The post Preview of RBNZ: Nearing the Finish Line – But Not Quite There Yet appeared first on Action Forex.
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