The Reserve Bank of New Zealand is the focus for the session here. The Bank is expected to cut its cash rate target by 25bp.
- RBNZ rate cut expected this week, last one in the cycle? End of AUD/NZD bull run in sight
- NZIER Shadow Board majority recommends a 25bp RBNZ OCR cut to 2.25% this week
- NZDUSD Technical Analysis: Last RBNZ rate cut could boost the NZD
- Newsquawk Week Ahead: US Retail Sales, RBNZ, UK Budget, Australian CPI, Tokyo CPI
Announcement due at 0100 GMT, 2000 US Eastern time. Governor Hawkseby’s press conference follows an hour later.
This article was written by Eamonn Sheridan at investinglive.com.