Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update
Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update Advertisement Central Bank Watch Overview: Ongoing stability in global bond yields has helped provoked a drop in early rate hike expectations among the Bank of Canada, Reserve Bank of Australia, and Reserve Bank of New Zealand. The April RBNZ meeting yielded a hold with an arguably hawkish tone, while the BOC meets next week for its April policy gathering. Retail trader positioningsuggests that the near-term outlook is bullish for the commodity currencies. Central Banks Holding the Line In this edition of Central Bank Watc...