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home / news releases / UJPY - RBNZ Moves Ahead Of The Queue Will The Bank Of Canada Maintain Its Place?


UJPY - RBNZ Moves Ahead Of The Queue Will The Bank Of Canada Maintain Its Place?

  • The Reserve Bank of New Zealand jumped to the front of the queue of central banks adjusting monetary policy by announcing the end of its long-term asset purchases.
  • The US sanctions on China's largest chipmaker and the largest chip buyer have added another dimension to what appears to have been a shortage of chips and some inventory management issues.
  • Powell may be in the hot seat, but Bank of Canada Governor Macklem gets the early attention.
  • Iron ore prices rose for the third consecutive session, while copper prices are heavy and have not risen this week.

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RBNZ Moves Ahead Of The Queue, Will The Bank Of Canada Maintain Its Place?
Stock Information

Company Name: Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E662
Stock Symbol: UJPY
Market: NYSE

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