Welcome, Traders!
Today is Tuesday the 23rd of May or Wednesday the 24th of May, depending on where you are.
Here are some things to look out for in the session.
Sentiment:
A gauge of dollar strength reached a 2-month high before retreating as talks to raise the US debt ceiling stalled. The Australian and New Zealand dollars behind most of their contemporaries in the Group of 10. The Reserve Bank of New Zealand is expected to raise interest rates once more.
Docket:
10:00 PM ET
New Zealand Cash Rate - Forecast is for a 25 bps hike to 5.5%.
RBNZ Rate Statement
RBNZ Monetary Policy Statement
11:00 PM ET
RBNZ Press Conference
Good luck!
