Daily Market Review: Investors Lock Gaze on US Stimulus Talks, RBNZ Decides on Policy
Channel: JFD Brokers
Date: 11/08/2020

Daily Market Review by Charalambos Pissouros

Equities and other risk-linked assets gained, while safe havens slid on Monday and during the Asian morning Tuesday on hopes that talks in US Congress over a new coronavirus-aid bill will resume, and perhaps bear fruit as soon as this week. As for tonight, during the Asian morning Wednesday, the RBNZ decides on monetary policy. Although we see decent chances for this Bank to stand pat, we believe that officials will reiterate their concerns over the Kiwi’s appreciation.

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