RBNZ Shadow Board recommends a rate cut this weekGlobal turmoil raises chances of larger RBNZ rate cut
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Weekly Market Outlook (07-11 April)Newsquawk Week Ahead: US & China CPI, FOMC Minutes, RBNZ, US Earnings Season, UK GDPWeekly Market Outlook (07-11 April)We hear from Bank of Japan Governor Ueda later. Ueda is to deliver a speech at the annual trust association meeting.
As an aside, something that doesn't appear on the calendar but that happens every day (unless it's a Chinese holiday) is the PBOC CNY reference rate setting for the trading session. The Bank has been chipping the CNY lower with this. The prospect of a much larger cut in the CNY is live, though.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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