With the trade tensions dominating market attention, New Zealand would continue to take a back seat. The major New Zealand data was the results of the GlobalDairyTrade auction early this morning.

The escalating tensions between the United States and China remained a key theme in foreign exchange markets last week.

Fears trade tensions could materially escalate and weigh on global trade and economic growth resulted in investment flowing back into safe haven assets, supporting the US dollar and Japanese yen, he said.

Continue here to read the full OTD article  |  ||  April 04, 2018   |||