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5 May 2017

RBNZ Survey: NZ Q2 2-yr inflation expectations at 2.17%

The RBNZ came out with its latest survey of inflation expectations, reporting the highest expectations since Q3 2014.

Key Details:

2 years out at 2.17% (from 1.92% the previous quarterly survey)

1 year out 1.92% (prior 1.56%)

May 5, 2017

Gold remains flat lined at 6-week lows ahead of the NFP report

Gold trades in the sideways manner at the six-week low of $1228/Oz ahead of the US jobs report, which could show the economy added 185K jobs in April.
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May 5, 2017

NZD/USD catches fresh bids on RBNZ survey, nears 0.6900

The NZD/USD pair changed course and bounced higher from daily lows reached near 0.6860, after the RBNZ survey showed highest inflation expectations si
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