Analysts at National Australia Bank (NAB) offer a sneak peek at what to expect from Thursday’s Reserve Bank of New Zealand (RBNZ) interest rate decision due at 2100 GMT. Key Quotes: “Thursday’s RBNZ OCR Review “¦ expected to come and go without any ruffles. It would appear to take a lot to budge the Reserve Bank from its on-hold mentality. Its opening line from May’s Monetary Policy Statement that “The Official Cash Rate will remain at 1.75 percent for some time to come” is as clear as you can get. But, as they say, time will tell. GDP might have undershot the Bank’s forecasts, but the CPI still looks likely to beat them (in our view, at least). Also bear in mind that the RBNZ might be less inclined to simply edit the prior policy summary page, instead fashioning each new one from the ground up. So be careful not to over-read what might be added to, and dropped from, the front page text compared to May’s MPS.” 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 China’s President Xi calls on provinces, ministries to prepare for full-scale trade war FX Street 5 years Analysts at National Australia Bank (NAB) offer a sneak peek at what to expect from Thursday's Reserve Bank of New Zealand (RBNZ) interest rate decision due at 2100 GMT. Key Quotes: "Thursday's RBNZ OCR Review "¦ expected to come and go without any ruffles. It would appear to take a lot to budge the Reserve Bank from its on-hold mentality. Its opening line from May's Monetary Policy Statement that "The Official Cash Rate will remain at 1.75 percent for some time to come" is as clear as you can get. But, as they say, time will tell. GDP… 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.
