RBNZ: No more rate cuts after NZ inflation surprise – Bloomberg

The Reserve Bank of New Zealand (RBNZ) may not need to go for further interest rate cuts following an upside surprise to New Zealand’s Q4 CPI report, Bloomberg reports, citing Jarrod Kerr, Chief Economist at Kiwibank in Auckland.

 

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Crude Oil Futures: Further downside not ruled out

CME Group’s flash data for crude oil futures markets noted open interest rose for the second session in a row on Thursday, this time by around 29.2K c
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AUD/USD now seen within 0.7640-0.7820 – UOB

In opinion of FX Strategists at UOB Group, AUD/USD is now expected to trade between 0.7640 and 0.7820 in the next weeks. Key Quotes 24-hour view: “Our
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