Posted 11/28/2023, 9:51:00 PM
Central Banks in Focus as New Zealand, Thailand Eye Rates; Australia Reports Inflation
- Interest rate decisions from New Zealand and Thailand central banks today; inflation data from Australia also due
- Markets directionless despite falls in dollar, yields, volatility; Asian equities rose but Wall Street struggled
- Fed signals could cut rates ahead; dollar and yields at multi-month lows but stocks flat
- RBNZ expected to hold rates at 5.50% but traders see cuts in 2023; Thailand also seen on hold
- Australia inflation forecast to cool in October; RBA reaffirmed tight policy working but services inflation sticky