The Day Today

"The Day Today" - 13 June 2014


* Carney carnage in the short stg market this morning as he says in his Mansion House speech that rate rises “could happen sooner than markets currently expect”.

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"The Day Today" - 12 June 2014

* New Zealand hike rates 25bp to 3.25% as expected but the focus on inflation risks surprised the market and took rates higher across the curve. The NZD rallied 1.5% while vols got smashed with the 1mth down to 1997 lows = poor liquidity and market repositioning.

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