Daily FNArena News

The RBNZ is unlikely to cut interest rates this year, due to inflation concerns, but analysts question the RBNZ policy.

The global correction is going to last a while. The main thing is not to lose your nerve and to focus on the main themes behind the events, Julius Baer says.

Merrill Lynch expects a pull back in gold over the coming month or so to US$600-625/oz, but expects a price of US$750/oz by year end.

Contrary to the Bank of Korea’s policy stance, Alliance Bernstein feels South Korean growth is peaking.

Stagflation is not upon us. Be patient, we’re pulling back to a fair value range. The super cycle is not over. Here endeth the lesson.

A shift in China’s FX policies would probably help ease growth, but HSBC strategists see this as unlikely ahead of next year’s political reshuffle.

Have Chinese steel mills finally accepted a 19% price increase for iron ore? Contradictory statements are still coming out of China.

HSBC economist John Edwards says we could still see multiple rate hikes, depending on economic data in the near future.

A surprisingly robust employment market points towards another RBA interest rate hike sooner rather than later. Stephen Koukoulas says a potential move in July has now become a real possibility.

The RBNZ looks unlikely to drop rates in an inflationary environment, so a rally in the Kiwi may be on the cards.