RBNZ: Further QE remains on the table - UOB
01.05.2020, 11:57

RBNZ: Further QE remains on the table - UOB

FXStreet reports that according to strategists at UOB Group’s Quarterly Global Outlook, the likeliness of another round of QE by the RBNZ should not be ruled out just yet.

“Encouragingly, the RBNZ has been quick to react in the current environment. On 23 March, policymakers announced that it would conduct large-scale asset purchases of New Zealand government bonds (NZGBs) “to provide further support to the economy, build confidence, and keep interest rates on government bonds low”. The RBNZ will purchase NZD30bn worth of NZGBs across the yield curve in the next 12 months, because “financial conditions have tightened unnecessarily over the past week.” They have also said that they stand ready to “make adjustments and additions if needed.”

“The latest move follows on from the RBNZ’s provision of significant additional liquidity, and freeing up of bank capital (of around NZD47bn by delaying the imposition of tougher bank capital requirements by a year). More importantly, the RBNZ in an emergency and bold move on 16 March – lowered the OCR by 75bps from 1.00% to 0.25%. It gave explicit forward guidance, committing to keep the OCR there for at least 12 months. Our view is that it will remain there even longer.”

“Depending on how the current financial market situation develops, more QE may be required down the road, perhaps buying other assets, or aimed at facilitating lending to certain segments. We strongly believe the RBNZ will be watching this space very closely.”

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik