Video: Weekly Asian Focus: Larger than expected NZ rate cut; China and Aus data surprises

Trading Floor

Video: Weekly Asian Focus: Larger than expected NZ rate cut; China and Aus data surprises

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March 10, 2011 asia, australia, china, employment, new, newzealand, rates, reutersforex, tradedeficit

RBNZ reduced interest rates by 50 bp instead of the 25 bp expected in a bid to spark earthquake recovery. Employment data in Australia and trade deficit figures in China surprised.