New Zealand reports wider-than-expected budget deficit

New Zealand has published a wider-than-expected budget deficit in August, main driver adding pressure to the Kiwi at the moment.
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RBA keeps policy steady, neutral rhetoric

As widely expected, the RBA left rates unchanged at 2.5%, while keeping its rhetoric very much at a neutral level, although still highlighting that the AUD exchange rate remains high by historical standards, despite the sharp fall since the last meeting.
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