The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Equities up, NZD up…. running in tandem at the moment….
– if you think Equities overcooked then suggest the proxy is, sell NZD or AUD!!
* NZD has also benefitted from recent RBNZ comments regarding negative rates on hold
– rest assured if countries start pulling the trigger, we will be at the front of the queue
– November market pricing at 0.16%, with negative rates priced from May next year……