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U.S. Q3 economic growth unrevised in second estimate

U.K. jobless rate rises to 4.8 pct in Q3 2020, labor market likely to deteriorate further in months ahead

Gold at multi-week peaks as dollar slumps after Biden clinches U.S. presidency

Swedish economic sentiment indicator rises in November

Philippine central bank keeps interest rate unchanged at 2 pct

Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021

Reserve Bank of India likely to stand pat in December

Australian economic growth recovers strongly in Q3 2020

U.K.’s headline inflation accelerates in October, likely to remain below 1 pct until Q1 2021

Malaysian economic growth rebounds in Q3 2020 on household consumption, exports

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Danish headline inflation eases in October, likely to reach 0.8 pct in 2021

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Gold recovers from previous day slide on stimulus hopes

Chinese economic activity continues to rebound in October, GDP likely to grow 5.5 pct in Q4 2020

U.S. existing home sales rise above expectations in October

Swiss franc likely to gradually depreciate against euro in coming months

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Daily outlook for AUD/NZD

Thursday, May 28, 2015 8:42 PM UTC

Westpac Research notes:

AUD/NZD 1 day: Despite last night's recovery, a retest of 1.0575 is on the cards.

AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ has a conditional easing bias. Expected RBA vs RBNZ direction thus favours AUD/NZD over the medium term, such that 1.1000+ is expected by September. Shorter term, the corrective decline in progress should get some energy if the RBNZ disappoints those betting on an 11 June OCR cut.

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Daily outlook for AUD/NZD

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