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Oil, the kiwi and the Reserve Bank's widening gamble
A Reserve Bank rate hike into a Middle East flare-up is the kind of policy decision markets do not soon forget. The kiwi tells the story first.

Wire provenance
This editorial synthesis draws on the following public wire/social posts:
- https://www.investing.com/news/economic-indicators/rbnz-raises-rates-to-275-as-inflation-stays-high-signals-further-hikes-4885266
- https://www.investing.com/news/forex-news/asian-currencies-weaken-as-dollar-gains-kiwi-tumbles-on-rbnz-outlook-4885309
- https://www.investing.com/news/economy-news/asian-markets-tumble-as-usiran-fighting-lifts-oil-and-bond-yields-4885230
- https://www.investing.com/news/stock-market-news/us-futures-muted-as-markets-parse-rate-jitters-more-iran-strikes-4885211
- https://reut.rs/3USkL5P
- https://reut.rs/4667byb
- https://reut.rs/4h8nBLJ
- https://nation.africa/kenya/news/world/us-and-iran-exchange-attacks-as-lull-in-war-appears-over-5580434
Source record supplied with this article
- https://www.investing.com/news/economic-indicators/rbnz-raises-rates-to-275-as-inflation-stays-high-signals-further-hikes-4885266
- https://www.investing.com/news/forex-news/asian-currencies-weaken-as-dollar-gains-kiwi-tumbles-on-rbnz-outlook-4885309
- https://www.investing.com/news/economy-news/asian-markets-tumble-as-usiran-fighting-lifts-oil-and-bond-yields-4885230
- https://www.investing.com/news/stock-market-news/us-futures-muted-as-markets-parse-rate-jitters-more-iran-strikes-4885211
- https://reut.rs/3USkL5P
- https://reut.rs/4667byb
- https://reut.rs/4h8nBLJ
- https://nation.africa/kenya/news/world/us-and-iran-exchange-attacks-as-lull-in-war-appears-over-5580434
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