Counting down to the RBNZ interest rate cut – due at the top of the hour

The Reserve Bank of New Zealand is widely expected to cut its cash rate by 25bp:

• New Zealand Q3 business confidence 18% vs 22% previous quarter
• Reserve Bank of New Zealand NZIER Shadow Board calls for 25bp interest rate cut

• ING: RBNZ to cut 25bp in October, markets too dovish beyond that

Statement is due at 0100 GMT / 2100 US Eastern time.

This article was written by Eamonn Sheridan at investinglive.com.