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Kiwi spikes on less dovish RBNZ; Is Trump playing games on shutdown?

The NZ dollar jumped 1.7 percent yesterday after the RBNZ indicated they weren’t expected to change rates till 2021. NAB’s Gavin Friend explains the reaction. He also talks to Phil Dobbie about the countdown to the US government shutdown – the expectation is it will be averted and the March 1 deadline for China trade tariffs will be pushed back, hence the continued optimism in the markets. There’s also some discussion about whether US equities are riding too high, the influence of share buybacks, and the latest CPI readings from the US and UK. Plus, what to look out for today.

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