Market Update – RBNZ meets rate hike expectation amid lower risk appetite

The risk-on mood is dampened overnight after Monday’s decent run of appetite. The S&P 500 has dropped over 1% in the last 12 hours. On the other hand, treasury yield and the dollar rebounded. The DXY is back above the 94 key level thus pressuring commodities. Gold is back at 1750 to continue the sideways […]

The Week Ahead – OPEC, NFP, RBNZ to drive another volatile week?

The market will look forward to another volatile week. Holidays in China all the days of the week except Friday could lower momentum in the Asian market. However, US and Canada job reports, NZD rate statements, OPEC+ meeting and bank speeches amid the ever-present risk sentiment drivers will ensure high volatilities in the European and […]