Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
The price of dairy in global auctions has risen more than 25 percent after bottoming in late 2015. The rise has been relatively steeper this year. But since the rise, the price has dropped more than 17 percent in New Zealand dollar terms.
Could this be a major influencing factor, when the Reserve Bank of New Zeland (RBNZ) meets next week? However, it is far from clear whether an action of just 25 basis points cut would be sufficient to weaken the kiwi or not and that is definitely would be a key factor in the decision.
Chart courtesy: Sharon Zöllner, Senior Economist, ANZ Research
