RBNZ to hikes rates next Wednesday - Nomura

FXStreet (Bali) - New Zealand announces its new Cash Rate on Wednesday, and according to Nomura Economists, a 25bp hike should be announced.

Key Quotes

"The market, according to our Central Bank Expectations Dashboard, is pricing in a near certainty of a rate hike of 25bp. Markets are also pricing in at least two more hikes by the RBNZ though the end of the year."