RBNZ held and refrained talking their currency down, seeing the Kiwi dollar spike higher across the board.
Whilst RBNZ are expected to cut rates again tomorrow, it remains unclear how dovish the statement may be, given the mixture of weak economic data of late alongside a lower currency and improved US-China trade sentiment.
With the Fed widely expected to cut rates later today, we take a look at market returns for FX majors, commodities and the S&P500 following such an event. Using Fed Funds data from 1971, we filtered the Fed… Read More
