CPI pushes up rates and the Kiwi

Oct 19, 2022 | Currency, Economy, Money Market

Yesterday’s strong NZ CPI triggered a large rise in domestic rates and supported the NZD, notes BNZ Markets this morning. The currency has held its gains overnight. Markets have remained volatile, with a 2% swing in US equity futures and UK and US 10-year rates trading a 20bps and 10bps range respectively, says Jason Wong, […]

 


 

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