The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Markets very quiet ahead of major releases
– Equities and Dollar flat whilst Yields marginally higher across the curve
* Kiwi off a touch but minimal ahead of today’s Half Year Fiscal Update
– Currently sitting on 200 moving day average at 0.6537…..
– Key to Robertson’s “significant” spend up, will be its impact and timing?
– Expect a greater Bond programme, but overall a good thing if spent in the…