Kiwi hits 11-month low as RBNZ stands pat, dollar touches 8-week peak against yen, sterling consolidates ahead of BoE policy meeting. Bank of England expected to hold the interest rate at 0.25%

Market news

11 May 2017

Kiwi hits 11-month low as RBNZ stands pat, dollar touches 8-week peak against yen, sterling consolidates ahead of BoE policy meeting. Bank of England expected to hold the interest rate at 0.25%

Moderate start of trading expected on the main European stock markets: DAX flat, CAC40 + 0.1%, FTSE flat

China willing to strengthen communication on IP issues with the U.S. to create better legal environment for bilateral trade - Commerce Ministry

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