Economic calendar in Asia Wednesday, October 9, 2024 – Reserve Bank of New Zealand day

At 2330/1930 Federal Reserve Vice Chair Philip Jefferson participates in “The Discount Window, 1913-2000” conversation hosted by Davidson College

You’ll see listed on the calendar consumer confidence for Australia next. This was published yesterday. it improved to a 2.5 year high.

The Reserve Bank of New Zealand is the focus. The Bank is widely expected to raise its cash rate by 50bp. Previews:

• Reserve Bank of New Zealand rate cut coming Wednesday … 75bp cut?

• New Zealand – RBNZ shadow board equally divided on 25 or 50bp rate cut this week

• Reserve Bank of New Zealand rate cut next week, 97% chance of a 50 basis points

• RBNZ preview – most likely cut the cash rate by 50bps next week, and again in November

• ANZ say the path of least resistance for the RBNZ is a 50bp interest rate cut next week

• More on BNZ forecasting a 50bp interest rate cut next week from the RBNZ

• Here is another forecast for a 50bp interest rate cut from the RBNZ next week
• HSBC expect a 50bp interest rate cut from the Reserve Bank of New Zealand next week

• 100bp of rate cuts coming up from the Reserve Bank of New Zealand, beginning next week

This article was written by Eamonn Sheridan at www.forexlive.com. Source