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GBP/NZD supported at 1.9400, stymied at 1.9608 short-term Amid choppy, volatile & indecisive trading for global markets NZD/USD price action &...
(Bloomberg) -- Australian and New Zealand bond yields jumped after the smaller nation reported faster inflation than economists forecast, fanning bets on faster monetary policy tightening. Australia’s three-year yield climbed as much as 16 basis points to 0.75%, the highest since February 2020.
GBP/NZD elevated into a likely 1.9560-1.9820 range after NZ virus worries rain on RBNZ’s lift-off parade
Sun, 23 May 2021 | Written By: Alec Malloy Alec Malloy is a content writer with over 7 years’ experience spanning a range of commercial sectors. Week Ahead: US GDP and consumer confidence shake as inflationary pressure grows Week Ahead It’s relatively quiet in terms of major announcements this week. The bulk of the key market-moving data will be coming from the US, as preliminary quarterly GDP figures are released alongside the latest CB consumer confidence sentiment. Both will be enlightening as to US economic sentiment as inflation stops lu...
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The Government will be borrowing less due to a stronger than expected economy.