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RBNZ Monetary Policy Decision & Monetary Policy Statement Due At 20:00 GMT On Wednesday 7th February 2018, Press Conference Due At 21:00 GMT

All of those surveyed expect the Reserve Bank of New Zealand (RBNZ) to stand pat and leave its Official Cash Rate at 1.75%.

Most believe that interim Governor Grant Spencer will act as a placeholder, before Adrian Orr assumes the role in March. As a result, consensus looks for the Reserve Bank to maintain its balanced assessment and to...
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  • Asian equity markets were mostly higher as region attempted to track the rebound on Wall St.
  • FX markets were relatively range-bound overnight with EUR and GBP holding on to recent gains against the USD
  • Looking ahead, highlights include the weekly DoEs and a slew of speakers

ASIA

Asian equity...
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  • Asia stocks continued the global equity sell-off and saw hefty losses across the board, as panic selling rolled over to the region
  • In FX markets, safe-haven currencies were firmer with JPY boosted across the board and USD/JPY now below 109.00
  • Looking ahead, highlights include Canadian trade, APIs, NZ jobs and a slew of...
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  • Major Asian bourses suffered deep losses after Friday’s slump on Wall St as markets re-price expectations for the Fed’s tightening cycle
  • Price action in FX was relatively muted in which most major currencies languished after Friday’s post-NFP losses against the greenback
  • Looking ahead, highlights include Eurozone, UK and US services PMI, ISM non-mfg...
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  • Asia equity markets traded mostly lower. Most major FX pairs were indecisive overnight amid a lack of key data releases and speakers
  • UK PM May advisers are reportedly considering a customs union deal post-Brexit.
  • Looking ahead, highlights include US NFP, Uni. Of Michigan (F), ECB’s Coeure, Fed’s Kaplan and...
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  • FOMC stood pat on rates as expected whilst tweaking its language surrounding inflation (widely-touted)
  • Asian equities mostly higher following a positive close on Wall St. No sustained USD reaction post-FOMC
  • Looking ahead, highlights include Eurozone, UK and US mfg PMIs, US ISM mfg, supply from Spain and France and a slew of...
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  • Asian equity markets initially in the red following the soft lead from Wall St.
  • AUD notably weaker after Australian inflation data falls below expectations.
  • Looking ahead, highlights include EuroZone inflation, German Unemployment, US ADP, Quarterly Refunding Announcement and FOMC rate...
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  • Asian markets traded lower across the board as the selling in US equity futures and retreat from record highs gathered pace overnight
  • UK PM May will reject the EU’s proposed deal on the Brexit transition period and go into battle next week over freedom of movement and so-called “rule taking”
  • Looking ahead, highlights include German regional and nation...
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  • Asia-Pac bourses traded somewhat mixed, as the region failed to maintain the early broad momentum from last Friday’s gains on Wall St.
  • USD strengthened against its major counterparts in which EUR/USD briefly slipped below 1.2400 and AUD/USD gave up the 0.8100 hand
  • Looking ahead, highlights include US personal consumption and...
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  • Asian equity markets traded mixed with the Nikkei 225 lagging its peers amid a firmer JPY
  • In FX, USD woes persisted in which the DXY slipped to below 90.00 for the first time since late 2014
  • Looking ahead, highlights include Eurozone and US Manufacturing PMI, UK Jobs Report, DoEs and NZ...
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ECB Monetary Policy Decision Due At 12:45 GMT, Press Conference Due At 13:30 GMT

  • Unanimous expectations look for the ECB to leave its tspanee key rates unchanged
  • Focus will fall on what hints/if any Draghi delivers on the future path of the Bank’s PSPP
  • Markets will also be looking out for any potential comments from the ECB President on the ongoing EUR...
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AUDIO NOT AVAILABLE

  • US Senate passes stopgap spending bill to reopen the government
  • Bank of Japan keeps monetary policy instruments unchanged, attention turns to Kuroda
  • Highlights today include German ZEW survey, EU Consumer Confidence and API oil inventories

ASIA

Asia equity markets took impetus from the record levels seen across all major indices on Wall St. and after the US Congress passed the...
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  • Asian equity markets modestly in the green with sentiment buoyed from Friday’s Wall St. close.
  • PBoC sets the strongest CNY since May’16, supporting AUD and NZD, while USD softens to 3yr low.
  • Looking ahead, highlights include BoE’s...
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  • Asian equity markets were mostly lower amid a dampened global risk tone. In FX, AUD outperformed its major peers after better than expected Retail Sales data
  • China SAFE said that report on China mulling reduction in US Treasury purchases may cite a wrong source or be fake news.
  • Looking ahead, highlights include ECB minutes, US PPI, Fed’s Dudley and supply...
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  • Asia failed to sustain the positive lead from Wall St where all US majors resumed their record setting performance
  • JPY continued to firm following yesterday’s BoJ purchase tweaks with USD/JPY down a further 30+ pips on the session
  • Looking ahead, highlights include UK production and trade data, US import and export prices, DoEs, Fed’s Bullard and...
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  • Asian Asia equity markets traded mostly higher as the region mirrored the tone seen in US, where all majors posted fresh record highs
  • JPY strengthened on a reduced Rinban announcement in which USD/JPY slipped below 113.00
  • Looking ahead, highlights include APIs, Fed’s Kashkari and supply from the Netherlands, Austria, Germany, UK and the...
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  • Asian equity markets trade mostly higher with Japanese markets closed for a public holiday
  • FX markets traded mostly sideways with AUD slightly underperforming
  • Highlights today include Eurozone consumer confidence and speeches from Fed’s Bostic, Williams & Rosengren

ASIA

Asia equity markets traded mostly higher as the positive tone seeped tspanough...
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