Europe Market Open: NZD lags post-RBNZ which lowered its OCR projections, Fed speak ahead
28 Feb 2024, 06:40 by Newsquawk Desk
- APAC stocks traded cautiously and followed suit to the rangebound performance seen on Wall St.
- RBNZ kept the OCR unchanged and lowered its OCR projections to suggest a reduced chance of a hike.
- NZD is the standout laggard across the majors, USD/JPY remains in close proximity to the YTD peak.
- European equity futures indicate a slightly lower open with Euro Stoxx 50 future -0.1% after the cash market closed up 0.4% on...