Wednesday: A$ firmer on still-hawkish RBA
The Aussie and Kiwi dollars are opening a bit stronger after the RBA’s hold decision yesterday was a touch more hawkish than some expected. In our bonus deep dive interview, ANZ New Zealand Economist Andre Castaing says the RBNZ’s proposed loosening of loan to value ratio restrictions is expected to boost demand for housing later in 2024. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/