Preview: RBNZ tipped to hike 25bp in July as oil slide clouds tightening outlook
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Rate markets have already pared back conviction on a July move, with hike odds slipping from above 80% a week ago to a range now clustering around the high 60s to 70%. The retreat in crude toward the high USD60s a barrel, down sharply from the roughly USD101 assumed in the RBNZ's
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