The calls for sooner Reserve Bank of New Zealand rate hikes in responses to the data earlier.
All NZ posts from today are below, some more relevant than others, read from the bottom up for the chronology:
- Heads up for NZD traders - the next RBNZ Monetary Policy Review is July 14
- More on NZ banks calling RBNZ rate hikes sooner (ASB forecasting November this year)
- More RBNZ rate hike speculation - sooner rather than later
- ANZ in New Zealand are also calling for RBNZ rate hikes sooner
- NZD/USD on the rise after the QSBO and ASB's RBNZ cash rate hike call
- NZ bank ASB forecasts the RBNZ hiking its cash rate in November this year
- New Zealand QSBO for Q2 2021, business confidence headline 7% (vs. -13% prior)
- NZD traders - heads up for the GDT dairy auction coming up Tuesday London time
Reuters report OIS pricing for a November rate hike indicates probability at 76%.