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New Zealand RBNZ Interest Rate Decision in line with expectations (4.75%)

WTI holds below $73.50 as Middle East tensions ease

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $73.35 on Wednesday.
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AUD/NZD rallies to 1.1050, highest since August 16 after RBNZ’s 50-bps rate cut

The AUD/NZD cross rebounds from a one-week low touched during the Asian session on Wednesday and the buying interest picks up pace after the Reserve Bank of New Zealand (RBNZ) announced its policy decision.
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