MARKET MOVERS Wendy Le NZ Official Cash Rate & RBNZ Rate Statement – 12 August 12:00pm The NZ official cash rate is forecasted to stay the same at the record low rate of 0.25%. As the cash rate stabilising indicates economic recovery, this may lead to a bullish NZD and AUD. An interest rate cut … Read more
MARKET MOVERS Will Liu Australian Cash Rate – 4th August 2:30pm The Australian Cash rate is forecasted to remain steady 0.25%, with the current state of the economy and the extra uncertainty added by rising COVID 19 cases. RBA is expected to maintain optimism similar to last month’s RBA minutes where policymakers noted that ‘the downturn … Read more