The RBNZ’s monetary policy meeting held in the overnight session showed that the central bank left the overnight cash rate unchanged at its meeting as widely expected.
The New Zealand dollar was seen falling sharply on the RBNZ’s decision as a result.
The day ahead is relatively quiet with the U.S. trading session marked by the release of the final GDP figures from the U.S. Economists forecast no changes to the GDP as the final first quarter GDP is expected to be confirmed growing at a pace of 2.2%.
Among central bank speeches, the BoE’s Andy Haldane will be speaking followed by the FOMC member Bostic.
