🏦📊Interest Rate Probabilities, via Overnight Index Swaps

**As seen in the Macro Walk Report 10/08/21 cablefxm.co.uk/reports

• NZD OIS curve prices the RBNZ policy rate at 1.25% by June 2022, there's a hike of 25bps priced for the November meeting

• GBP follows the kiwi, overnight index swap market sees the BoE's bank rate at 0.75% by August 2022. Half a hike is priced for the December meeting

• CAD bullish OIS bets see the BoC's policy rate at 0.5% by June 2022