-
RBNZ’s Orr: US - China trade war one of the Bank's major concerns
Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr is on the wires now, speaking at post-monetary policy meeting press conference. The RBNZ cut its Official Cash Rate (OCR) to a fresh record low of 1.50% earlier today amid bleak NZ economic situation. Key Quotes: There are large uncertainties around the rate track for New Zealand. US - China trade war one of the Bank's major concerns. Surprised by weaker downturn in business sentiment and consumer spending.
-
RBNZ Governor Orr: Looking Forward Outlook Looks More Balanced Than Before Cut
— LiveSquawk (@LiveSquawk) May 8, 2019
-
NZD/USD Recovery continues after RBNZ Gov Orr's comments and China data
NZD/USD's recovery from the session low of 0.6525 printed immediately after the RBNZ rate cut announcement earlier today continues with the spot currently trading at 0.6585. RBNZ's Governor Adrian Orr was out on the wires soon before press time stating that there are significant uncertainties around the rate track in New Zealand and the US-China trade war is one of the major concerns of the central bank. Orr added further that he is surprised by the downturn in business sentiment and consumer spending. Orr's comments may bolster expectations of another rate cut in August, complicating Kiwi's recovery. However, China ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- May 7, 2019 11:36pm May 7, 2019 11:36pm
- Tony112
- Joined Apr 2008 | Status: sometimes... news come unexpected | 2578 Comments
- Comment #2
- Quote
- May 7, 2019 11:57pm May 7, 2019 11:57pm
- synotaxidae
- | Joined Oct 2017 | Status: GOD | 80 Comments
- Comment #3
- Quote
- May 8, 2019 12:41am May 8, 2019 12:41am
- Tony112
- Joined Apr 2008 | Status: sometimes... news come unexpected | 2578 Comments
- Comment #4
- Quote
- May 8, 2019 1:01am May 8, 2019 1:01am
- Guest
- | IP XXX.XXX.119.155
- Comment #5
- Quote
- May 8, 2019 1:15am May 8, 2019 1:15am
- Guest
- | IP XX.XXX.197.175
- Comment #6
- Quote
- May 8, 2019 1:18am May 8, 2019 1:18am
- synotaxidae
- | Joined Oct 2017 | Status: GOD | 80 Comments
- Comment #7
- Quote
- May 8, 2019 4:03am May 8, 2019 4:03am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
- Comment #8
- Quote
- May 8, 2019 4:20am May 8, 2019 4:20am
- KodakPip
- | Joined May 2018 | Status: Member | 2 Comments
- Comment #9
- Quote
- May 8, 2019 4:29am May 8, 2019 4:29am
- Guest
- | IP XX.XXX.197.175
- Comment #10
- Quote
- May 8, 2019 6:29am May 8, 2019 6:29am
- RegisMexes
- | Joined Apr 2019 | Status: Member | 7 Comments
- Comment #11
- Quote
- May 8, 2019 6:33am May 8, 2019 6:33am
- danasa
- | Joined Jan 2018 | Status: Member | 118 Comments
- Comment #12
- Quote
- May 8, 2019 9:03am May 8, 2019 9:03am
- Guest
- | IP XX.XX.119.194
- Comment #13
- Quote
- May 8, 2019 10:30am May 8, 2019 10:30am
- Guest
- | IP XX.XXX.197.175
- Comment #14
- Quote
- May 8, 2019 5:43pm May 8, 2019 5:43pm
- KodakPip
- | Joined May 2018 | Status: Member | 2 Comments