More to come from the RBNZ - Governor Orr to speak at 0200GMT

Orr is going to be interesting after surprising most of the market again today.

Expectations had coalesced around a 75 to 80% chance of a rate cut …. but nope:

• RBNZ announce cash rate on hold - surprise decision

More:

• NZD jumps on the 'on hold' RBNZ interest rate decision
• RBNZ leave cash rate on hold - summary of statement

Stay tuned!