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Global monetary focus turns to New Zealand

From channelnewsasia.com

A look at the day ahead in Asian markets. The Reserve Bank of New Zealand, sometimes seen as global monetary policy's "canary in the coal mine," takes center stage in the Asia and Pacific region on Wednesday when it delivers its latest interest rate decision. Australia's January inflation data are also on tap - annual inflation is expected to accelerate to 3.6 per cent from 3.4 per cent - and markets across the region should be relatively calm at the open after a quiet global session on Tuesday. U.S. Treasury yields inched up slightly on Tuesday after the bond market absorbed a $42 billion auction of seven-year ... (full story)

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  • Category: Fundamental Analysis