US and China take a step back on trade wars but the clock is ticking The US and China have cobbled together a temporary truce of sorts. What’s lifted risk is that very fact as opposed to the other outcome of both of them hitting a stalemate or worse. The details... Details from the August 2018 RBNZ monetary policy meeting 8 August 2018 Prior decision 1.75% Sees Dec 2018 cash rate unchanged at 1.8% Lowers Sep/Dec 2019 rate forecasts to 1.8% vs 1.9% prior Sees annual CPI at 1.8% by Sep 2019 vs 1.6% prior The key line below is that... A long road still but watch the developments Participants, without the US of course, want to reach an agreement on free trade by next month in Vietnam but Jacinda Ardern wants to renegotiate the foreign real estate investments as Nikkei reports . It’s making the... JPY, antipodeans and ZAR the gainers of the day ,not to much stress for the rest There’s CB fatigue in this market , I expect ranges to prevail in the majors for now, barring geo-politicals of course…. Here are today’s forex options expiring at the 10 am (14.00 GMT) New York cut 04 October 2017 Nothing major rolling off today.