News for the RBNZ this morning … well … no news is good news: RBNZ holds rates at 2.50%
Their next meeting (in March) is now ‘live’ – at this stage there are many expecting a hike then.
Coming up today:
- 2145GMT brings Building Consents (also known as Building Permits) % m/m: expected is -5.0%, prior was +11.1%
- Also, at the same time, Net migration, prior was +2770
Building Consents data is more of a market focus …
At 0200GMT, Reserve Bank of New Zealand publishes their monthly assessement of currency flows
