Daily Market Comment – Kiwi plunges on shock RBNZ cut; stocks sell-off eases on Kudlow remarks

New Zealand dollar nosedives after RBNZ cuts rates by bigger-than-expected 50 basis points Yen and Swiss franc turn back up after yuan slips again Stocks end losing streak after Kudlow keeps alive hopes of more trade talks Kiwi slumps to 10-year low on shock RBNZ move The Reserve Bank of New Zealand surprised markets on […]