RBNZ Gov Orr Speaks

RBNZ Governor Adrian Orr is due to speak about the future of New Zealand’s monetary policy framework and the economic projections of the Reserve Bank of New Zealand, in Wellington. Audience questions are expected, which will make his speech very interesting for NZD traders. Recently we have seen four major central banks shift from neutral/hawkish to dovish/neutral. The New Zealand economy has weakened as well as the other developed economies. The RBNZ cut interest rates in the May meeting, so it would be interesting to see where they stand now. But the RBNZ held interest rates unchanged in the last meeting, despite anticipation of another 25bps cut. So, there's a chance that this speech today might sound less dovish than previously.