Tag Archives: RBNZ

Markets Outlook – RIP: Relationships of Inflation Past

The focus this week will be Thursday’s RBNZ OCR announcement, especially following last week’s low CPI print.

In the week ahead investors will be looking ahead to the outcome of Wednesday’s Federal Reserve meeting

The NZD/USD has plunged 5% in the past month, with RBNZ intervention talk (and action) coinciding with the broader USD upswing.

Last week we expressed scepticism that threatened oractual currency intervention by the Reserve Bank

The RBNZ’s monthly balance sheet released this week confirmed that the Banksold NZD 521 million in August,

The fall in the New Zealand dollar since Julyhas been appropriate to the softening in globalconditions this year.

Last week, the market was blindsided by a surprise statement from RBNZ Governor Wheeler,

Disinflation is topic de jour for investors, but the transmission mechanism tocurrencies is poorly understood.

Subdued buying interest in British pound With the uncertainties linked to the Scottish referendum behind us and

Polls show positive momentum for the “yes” camp A “yes” vote for the Scottish independence,

NZDUSD fell to 0.8195 as the RBNZ kept its policy rate unchanged as expected, but lowered guidance.

The RBNZ has reinforced it is on hold with no hurry to lift interest rates in the near future.