Flash: RBNZ will undertake rate hiking cycle Q1 2014 - BNZ

FXstreet.com (Barcelona) - Higher yields across the NZ curve by year-end and beyond are probable, notes Kymberly Martin, Strategist at Bank of New Zealand. Martin also believes that "The RBNZ will undertake a rate hiking cycle from Q1 2014 taking the OCR to 4.50% by mid-2015." In the short-end, "yields will be driven higher in anticipation of, and the unfolding of, the RBNZ rate hiking cycle, the extent of which is under-estimated by markets" Martin added.

Jul 12, 2013

Flash: Trade implications of recent US equity performance – Goldman Sachs

“The recent results of the S&Ps robust performance fit well with our fundamentally driven views that equity markets can digest higher yields, and that US growth is strong enough to sustain the equity market even as policy gradually shifts.” Notes the Economics Research Team at Goldman Sachs.

Flash: Broad-based EUR/CAD outlook on horizon – TD Securities

According to the TD Securities Team, “Market volatility has shaken up the crosses, however it is not yet clear that much – or anything has changed in terms of the short-term direction of the EUR/CAD.”