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7 May 2020

RBNZ Survey: NZ inflation expectations fall sharply in Q2, Kiwi bulls unperturbed

According to the latest Reserve Bank of New Zealand (RBNZ) survey, New Zealand's (NZ) both one and two-year inflation expectations plunged in the second quarter of 2020.

Business managers forecast annual inflation averaging 0.74% over the coming year vs. 1.88% previous.

Two-year inflation expectations, seen as the time frame when RBNZ policy action will filter through to prices, fell to 1.24% from 1.93% last. The last uptick was the first in six quarters.

May 7, 2020

AUD/JPY holds onto recovery gains beyond 68.00 after China trade figures

AUD/JPY takes the bids to 68.20 after China’s April month trade data pleased buyers during the early Thursday. In doing so, the pair snaps previous fi
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May 7, 2020

AUD/USD extends gains by 10 pips as China's trade data bets estimates

AUD/USD rose from 0.6413 to 0.6423 following the release of the better-than-expected China trade data, having jumped from 0.6379 to 0.6410 in early As
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