13/11/2019

OMF Market Daily Commentary Report

Written by omf-markets
Home Education Articles OMF Market Daily Commentary Report

The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.

HEADLINES

* Orr will pull the trigger today which buys himself time given the next OCR in February
– Reasons remain as per yesterday’s report but also wants to keep lid on the NZD
– Market pricing 76% chance of cut…up post RBNZ inflation expectations yesterday

* Kiwi dips buy 0.6280/20 as a U.S. trade deal will add to global risk on sentiment

* NZDAUD closing in lows, range remains 0.9220/0.9400, risks to downside

*…

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