Westpac’s Analysts are out with their preview of the Reserve Bank of New Zealand’s (RBNZ) semi-annual Financial Stability Report (FSR) due to be reported later today at 2100 GMT, which will be followed by Governor Orr’s press conference at 2300 GMT. Key Quotes: “The RBNZ’s six-monthly review of the financial system provides a window of opportunity to review the loan-to-value restrictions on mortgage lending. Last November the RBNZ eased the LVR restrictions, albeit only slightly, and indicated the criteria for a further easing. House price and credit growth would need to slow to more sustainable rates, and the RBNZ would need to be satisfied that an easing wouldn’t lead to a resurgence in the housing market. House price inflation is running at or below household income growth, and credit growth has slowed. A range of new Government policies aimed at cooling the housing market is in progress. Our forecasts assume some further easing of the LVR restrictions over this year. It’s quite possible that the RBNZ will move as early as this month, even if it’s just an incremental move along the way.” 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 EUR/USD: Focus on Italy-German yield spread FX Street 5 years Westpac's Analysts are out with their preview of the Reserve Bank of New Zealand's (RBNZ) semi-annual Financial Stability Report (FSR) due to be reported later today at 2100 GMT, which will be followed by Governor Orr's press conference at 2300 GMT. Key Quotes: "The RBNZ's six-monthly review of the financial system provides a window of opportunity to review the loan-to-value restrictions on mortgage lending. Last November the RBNZ eased the LVR restrictions, albeit only slightly, and indicated the criteria for a further easing. House price and credit growth would need to slow to more sustainable rates, and the RBNZ would… 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.
