From its report on Financial Stability report, the governor of the reserve bank of new zealand was clear on the following points:
1- less stimulus meaning consumers,cooperations,investors will no longer be receiving money from the goverment but from aother source banks
2- Banks have enough capital
3 - Strong levels of economic activty.
With these three points in miind, i willl be expecting from the monetary report coming out in about 55 mins that the interest rates be raised. So my bias is to go long.
1- less stimulus meaning consumers,cooperations,investors will no longer be receiving money from the goverment but from aother source banks
2- Banks have enough capital
3 - Strong levels of economic activty.
With these three points in miind, i willl be expecting from the monetary report coming out in about 55 mins that the interest rates be raised. So my bias is to go long.