The latest inflation figures out of New Zealand will hit the markets during the early Asian session on Wednesday (21:45 GMT Tuesday). Forecasts point to a slowdown, which if met, would all but guarantee another RBNZ rate cut next month. As for the kiwi, the outlook remains dark as both the domestic and the global economy are weakening, and even a positive surprise in these data may be unable to keep the battered currency supported for long. Insecure New Zealand’s [..]
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