The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Kiwi finally cracked as expected and continues to see downside risks, 60cts a memory??
* NZDAUD likewise hit and medium-term expect a test of 90cts as divergent Monetary Policy weighs
* GBP hit over Brexit fears and Bank of England economist, negative rates an option with “greater immediacy”
* US / China tensions ramping up as further restrictions placed on Huawei
– China prepared to retaliate putting US companies on its “unreliable entity list”…