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RBNZ hiked OCR(interest rate) by 25 bps to 0.5% from 0.25 in its latest meeting OCT 6. Meanwhile, it maintained its hawkish bias and tendency to continue to tighten further as time progresses. Hence, any positive economic data should support this ...
A stormy day for the stock markets across the board. As risk aversion dominates the first trading session of 2016. Based on inter-asset correlations and risk-aversion from a technical perspective, the medium term outlook for U.S. stocks and risk ...