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Daily Alert: Throwing it into reverse

  • Markets threw it into reverse overnight, with the strong market sentiment of late succumbing to more of a ‘risk off’ mood.
  • The April RBA Board meeting was a low-key affair and so it was with yesterday’s Minutes.
  • Last night’s GDT auction turned out a little weaker than futures markets expected and we’re expecting this morning’s NZ CPI to print just south of RBNZ expectations.

 

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