| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 00:30 | Australia | Wage Price Index, y/y | Quarter IV | 2.2% | 2.4% | 2.3% |
| 00:30 | Australia | Wage Price Index, q/q | Quarter IV | 0.6% | 0.7% | 0.7% |
| 00:30 | Australia | Construction Work Done | Quarter IV | -0.3% | 2.5% | -0.4% |
| 01:00 | New Zealand | RBNZ Interest Rate Decision | | 0.75% | 1% | 1.0% |
| 02:00 | New Zealand | RBNZ Press Conference | | | | |
| 07:00 | Germany | Gfk Consumer Confidence Survey | March | -6.7 | -6.3 | -8.1 |
During today's Asian trading, the US dollar consolidated against major currencies after falling slightly yesterday. In general, investors decided to take a break after sharp market fluctuations caused by the escalation of geopolitical tensions, and hoped to prevent a major war over Ukraine.
The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona) decreased by 0.04%.
Meanwhile, the New Zealand dollar rose by 0.75% against the US dollar on the background of the results of the RBNZ meeting. As expected, the RBNZ raised the interest rate by 0.25% to 1%, but signaled a more aggressive policy tightening course than even the most hawkish scenario suggested. The RBNZ reported that it may raise the rate by 0.5% to prevent further increase in inflation expectations. The Central Bank also revised the projected trajectory for the rate to 3.35% from 2.6%, which is much higher than market expectations. In addition, the Central Bank announced the beginning of an active sale of its bonds - for 5 billion New Zealand dollars a year.