QUOTES 22 NOV

ASB bank: "we and many other forecasters are predicting that the RBNZ will lift the OCR by 75bp on Wednesday, which would be a step up in pace after five consecutive 50bp moves. It is by no means a done deal, which is reflected in interest rate pricing that puts the odds of a 75bp move (vs. 50bp) at around 60%." ..... NZD Bullish

ING: "China’s Covid situation has suddenly returned as a very central driver for global markets this week. Over 27,000 cases were reported today, with the city of Guangzhou being the new epicentre of the outbreak, and local authorities are reportedly scrambling to impose those same restrictive measures that appeared a thing of the past after recent signals from the central government that the zero-Covid policy would be gradually abandoned." ..... MKT Bearish