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A narrow centre-right lead after Saturday’s New Zealand election reduces the immediate risk of a more dovish RBNZ mandate, giving the New Zealand Dollar mild support. But the one-seat majority is fragile with special votes Read more…
Markets The blowout October payrolls report resulted in textbook bear flattening of the US yield curve with Treasuries outperforming Bunds. Front-end rates added 5 bps, long-term maturities rose by 1.1-2.2 bps in the 10-30-yr bucket. Read more…
In focus this week In the euro area, the Eurozone’s group of finance ministers will take stock of the two candidates to succeed Lagarde as ECB President. Spaniard De Cos and Dutchman Knot were the Read more…