HALISTER1: Sell Kiwi, Targeting a Slide Toward 0.6255, Says Redward

Sell Kiwi, Targeting a Slide Toward 0.6255, Says Redward

(Bloomberg) -- NZD/USD could decline toward a level last seen in September following today’s RBNZ rate cut and dovish outlook, Peter Redward, principal at Redward Associates, says in an interview.
  • Redward sees N.Z. inflation this year at 0.7% compared to central bank’s projection of 1.1%
  • RBNZ may lower rates by 25 bps in both June and December: Redward
  • N.Z. farmers facing losses in 2016/17: Redward
  • Stop-loss on kiwi short around 0.6825
  • NZD/USD falling for fourth day, down 0.2% to 0.6639
  • AUD/NZD up 3% this week to 1.1250
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Peter Redward (Redward Associates Ltd)

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UUID: 7947283

HALISTER: Deutsche Bank, HSBC Fight Fed’s ‘Unfair’ Too-Big-to-Fail Plans

Deutsche Bank, HSBC Fight Fed’s ‘Unfair’ Too-Big-to-Fail Plans

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
DBK GR (Deutsche Bank AG)
HSBA LN (HSBC Holdings PLC)
SAN SM (Banco Santander SA)
WFC US (Wells Fargo & Co)
JPM US (JPMorgan Chase & Co)

People
Iain MacKay (HSBC Holdings PLC)

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UUID: 7947283