I posted a couple of previews of the Reserve Bank of New Zealand decision due today:
RBNZ Shadow Board recommends a rate cut this weekGlobal turmoil raises chances of larger RBNZ rate cutAlso:
The Reserve Bank of New Zealand is widely expected to cut by 25bp. On balance I am looking for a 50bp rate cuit, the RBNZ tends to be action-oriented rather than navel gazers. The only niggle I have with this call is that in March RBNZ Governor Orr abruptly resigned leaving a 'caretaker' governor in place. This might make the Bank timid of going hard. Dunno. Stay tuned.
We hear from Bank of Japan Governor Ueda later. Ueda is to deliver a speech at the annual trust association meeting.
-
As an aside, something that doesn't appear on the calendar but that happens every day (unless it's a Chinese holiday) is the PBOC CNY reference rate setting for the trading session. The Bank has been chipping the CNY lower with this. The prospect of a much larger cut in the CNY is live, though.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about economic calendar asia wednesday april 9 2025 boj ueda speaking rbnz policy decision was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Economic calendar Asia Wednesday, April 9, 2025: BoJ Ueda speaking, RBNZ policy decision )
Also on site :
- Katie Couric Shares Photo From Hospital Bed With Important PSA: 'Wish Me Luck'
- Indie Rock Band Announces Summer Tour Dates—Including First-Ever Stop
- Zelensky eliminating opponents before elections – opposition leader