ForexLive Asia-Pacific FX news wrap: RBNZ leans more dovish, NZD drops ...Middle East

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ForexLive Asia-Pacific FX news wrap: RBNZ leans more dovish, NZD drops
Federal Reserve speakers on Wednesday include Bostic and MusalemNew Zealand rate pricing implies 25bp rate cut for October vs. 16 before RBNZ statementNZD/USD drops after the RBNZ statement - hints of a closer rate cutRBNZ leaves it cash rate on hold at 5.5%, as expectedChina June 2024 CPI +0.2% y/y (expected +0.4%) and PPI -0.8% y/y (expected -0.8%)People’s Bank of China sets yuan reference rate at 7.1342 (vs. estimate at 7.2711)ECB member and Bank of France Governor Villeroy is speaking on WednesdayQuick sketch of where to for the USD under Biden and TrumpJapan PPI (June 2024) +0.2% m/m (expected +0.4) and +2.9% y/y (expected +2.9%)Euro zone wage rises quickened in JuneOld news, but file t

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