From 2000 GMT, 1600 US Eastern time Reserve Bank of New Zealand (RBNZ) Governor Christian Hawkesby to speak in front of a parliamentary committee. This is after the RBNZ cut its cash rate yesterday, provided guidance of more to come, but comments from Hawkesy were not so clear cut on more cuts ahead.
- RBNZ Gov. Hawkesby says decision to hold a rate vote was a healthy sign
- NZD/USD bouncing after the expected RBNZ 25bp cash rate cut
- RBNZ cuts cash rate by 25bp vs. 25bp expected
- This snapshot from the ForexLive economic data calendar, access it here.
- The times in the left-most column are GMT.
- The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
This article was written by Eamonn Sheridan at www.forexlive.com.