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ECB's Kazaks: Shouldn't rule out a 50 bps rate hike, sees hikes in July, September, possible one more in Q4

European Central Bank policymaker Martins Kazaks said on Tuesday that the bank should not rule out a 50 bps rate hike, and that he sees possible rate hikes in July, September and potentially one more in Q4, reported Reuters. 

NZD/USD stabilises near 0.6450 pre-RBNZ as markets digest weak NZ Retail Sales, soft US Service PMI data

Softer than expected Q1 New Zealand Retail Sales growth figures have contributed to a weakening of the kiwi on Tuesday, with NZD/USD eroding much of t
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GBP/JPY slumps from above 160 to low 158s, dragged lower as UK/US yields tumble post poor-UK/US PMI data

UK government bond yields had already been on the back foot in the lead up to the start of the US trading session in wake of much weaker than expected
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