New Zealand interest rates soar to highest in over 14 years

Craig Erlam, Senior Market Analyst, from OANDA shared the following insights on regional market performance on Biztech’s Asian Midday Market Watch:

• The Reserve Bank of New Zealand hiked rates by 50 basis points to 4.75%, the highest in over 14 years
• Outlook for commodities and cryptocurrencies
• Key risks that investors are concerned about now

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Presenter: Brian Fernandez