In the latest Survey of Expectations of RBNZ, OCR expectations continued to rise in the short, medium and long term. OCR is expected to rise from current 0.75% to 1.05% by the end of Q1. Mean estimate for OCR for one year ahead was 2.11%, indicating four to five 25bps hikes. Mean two-year ahead OCR […]
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WTI oil price jumped over $2 on Monday following success of US-China trade talks over the weekend that eased tensions and signaled that world’s two largest oil consumers are on the way to resolve their Read more…
US-China trade talks over the weekend developed more positively than both we and consensus expected. Below we give a short overview of what happened and the implications in US and China, respectively. What it means Read more…
The price of a troy ounce of gold fell to 3,273 USD on Monday, losing about 1% compared to the previous session’s level. Key factors driving gold’s movement The primary reason for the decline is Read more…