Thursday: No smoking gun for RBNZ cut

Markets were calmer overnight, with Bank of Japan officials offering reassurance that hikes won’t happen amid instability. New Zealand’s Q2 job figures left no smoking gun for an August rate cut, and the Reserve Bank of India is set to hold rates today.

In our bonus deep dive interview, ANZ New Zealand Senior Economist Miles Workman analyses how Australia’s relatively stronger jobs market is attracting Kiwis across the Tasman again.

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