50bps cut, more to come – Standard Chartered

RBNZ cuts OCR to 3.75%, signalling more front-loaded easing. We see 50bps of cuts in Q2 (25bps prior), 25bps in Q3 (unchanged), and a pause in Q4 (25bps cut prior). Output gap deteriorates sharply, reinforcing the case for further easing in 2025. NZD reaction muted, with markets largely pricing in the move, Standard Chartered’s analysts … Read more

Gold  at fresh all-time high after broader tariff announcement and ahead of Fed Minutes

Gold jumps higher for a third straight day in a row and hits a new all-time high on Wednesday. US President Donald Trump blamed Ukraine and committed again to several tariffs.  Technically, Tuesday’s daily close above $2,910 worked, boosting the Gold price to a fresh all-time high. Gold’s price (XAU/USD) sees its winning streak going … Read more

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