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Wednesday, August 14, 2024

Asia Market Movers: Japan Kishida: Must promote wage, investment growth for full exit deflation-prone economy

Japan Kishida: Must promote wage, investment growth for full exit deflation-prone economy

Prime Minister Kishida press conference. He is announcing he won't be running to stay on as PM. To make full exit from deflation-prone economy, we must promote wage, investment growth and achieve targ... 

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Market pricing is for an Reserve Bank of New Zealand rate cut at its next meeting too

Market pricing is for a 29bp cut at the next RBNZ meeting, on October 9 and 67bp of cuts by November (meeting is Nov. 6) That is, a 25 bp rate cut is priced for the each of the next two meetings. NZD/... 

ICYMI - RBNZ cut its cash rate by 25bp, market consensus was for on hold

Earlier: Reserve Bank of New Zealand announce cash rate cut to 5.25% NZD/USD marked lower after the Reserve Bank of New Zealand cut its cash rate I'm glad I got my forecast the right way! RBNZ Governo... 

NZD/USD marked lower after the Reserve Bank of New Zealand cut its cash rate

Announcement is here: Reserve Bank of New Zealand announce cash rate cut to 5.25% NZD/USD lower:... 

Reserve Bank of New Zealand announce cash rate cut to 5.25%

Reserve Bank of New Zealand has cut its Offical Cash Rate by 25 bps. Market pricing had tipped this, while most analyst did not. Added - a few tech gremlins have beset me ... I've posted all the... 

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Latest Forex Orders

FX option expiries for 13 August 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first being for EUR/USD at the 1.0900 mark again. So, that will help to keep a floor on price action at least until we get t... 

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