New Zealand's current monetary policy is appropriately expansionary - IMF

International Monetary Fund's (IMF's) take on the New Zealand economy is hitting the wires via Reuters:

  • New Zealand economic growth expected to remain strong at around 3 pct
  • New Zealand's current monetary policy is appropriately expansionary
  • Downside risks to NZ growth over medium term remain a concern

NZD/JPY slowly pricing in a turnaround from 79.00

The NZD/JPY is trading flat in Asia's early Tuesday session, taking a cue from Monday's slow pacing. Last week's market tensions about the Middle Eas
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US: Russia, Syria may tamper with Douma evidence - Reuters

As reported by Reuters, the US accused Russia of interfering with international attempts to gain access to the Douma attack site of last weekend's che
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