News

Antipodean Central Bank events coming up - UOB

Analysts at UOB noted the events from the antipodean Central Banks for this week.

Key Quotes:

"The Reserve Bank of Australia (RBA) dominates the Australian docket with speeches due on Monday from Assistant Governor Ellis and on Wednesday by Deputy Governor Debelle. The minutes of the March policy meeting are released between the two on Tuesday.

The Reserve Bank of New Zealand (RBNZ) will announce its latest interest rate decision on Thursday at 4am SGT. The RBNZ adopted a neutral policy stance at the previous meeting and RBNZ Governor Wheeler confirmed that it was equally likely that the next move in rates could be an increase or a cut. We think the most likely outcome is that the neutral stance will be maintained, although there will be a strong market reaction if there is a significant shift from the early February statement. Comments on the Q4 national accounts, recent weakening in dairy commodity prices, as well as the depreciation of the exchange rate will be closely watched."

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.