TenkoFX - Analytics

    TenkoFX

    415.75 7.25/10
    68% of positive reviews
    Real

    RBNZ: August cut more likely than not - ANZ Sandeep Kanihama

    Research Team at ANZ, suggests that the market is currently pricing in 48% odds of a RBNZ cut in August, and a terminal OCR of 2.01% by February/March next year.Key Quotes“By contrast, we see an August cut as more likely than not. While we fully expected the market to adjust higher post-MPS, the degree of upward movement has surprised us, and absent a catalyst for a move higher, we see current market pricing as attractive for receivers.”


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree