Ahead of Wednesday’s the Reserve Bank of New Zealand’s (RBNZ) Financial Stability Report, the Australia and New Zealand Banking Group (ANZ) anticipates no change in the Loan to Value Ratio (LVR). Key quotes “The RBNZ has recently conducted its regular health check of the New Zealand financial system. The test results, diagnosis and prescription will be announced in this week’s Financial Stability Report (9am Wednesday).” “We expect the risks to financial stability from high household sector debt to again feature. And given that the pulse of the housing market has recently picked up, we think the balance of risks has shifted towards the RBNZ keeping LVR restrictions unchanged for now.” “But it’s still a close call. Like us, we think the RBNZ will be cognisant of the possibility that house prices could take off strongly again, which would not be ideal from a financial stability perspective (among others!).” “Dairy sector debt and international risks should also feature heavily. The former appears to be on an improving trajectory; the latter are little changed since May.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next OIS pricing 34% odds of an RBNZ rate cut in February FX Street 3 years Ahead of Wednesday's the Reserve Bank of New Zealand's (RBNZ) Financial Stability Report, the Australia and New Zealand Banking Group (ANZ) anticipates no change in the Loan to Value Ratio (LVR). Key quotes "The RBNZ has recently conducted its regular health check of the New Zealand financial system. The test results, diagnosis and prescription will be announced in this week's Financial Stability Report (9am Wednesday)." "We expect the risks to financial stability from high household sector debt to again feature. And given that the pulse of the housing market has recently picked up, we think the balance of risks has… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
