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90 at 9: RBNZ expected to cut OCR 50 bps; Dow down on earnings nerves

90 at 9: RBNZ expected to cut OCR 50 bps; Dow down on earnings nerves



Bernard Hickey details the key news overnight, including economist forecasts that the Reserve Bank of New Zealand will cut our Official Cash Rate by 50 basis points on April 30 to 2.5% and the Dow being down 150 points in late trade on fears about March quarter earnings reports due in coming days.

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