BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
New Zealand government bonds ended Wednesday’s session on a higher note after dairy product prices declined at the overnight GlobalDairyTrade auction, sliding for the first time this year after three consecutive increases.
At the time of closing, the yield on the benchmark 10-year Treasury note, which moves inversely to its price, slipped 1/2 basis point to 2.98 percent, the yield on 20-year also edged 1/2 basis point lower to 3.48 percent while the yield on short-term 2-year closed 2 basis points lower at 1.88 percent.
The GDT price index eased 0.5 percent on Wednesday morning from the previous auction two weeks ago. The average price was USD3623 (NZD5,072) a tonne. Some 20,256 tonnes of product was sold, down from 22,197 tonnes two weeks ago. Whole milk powder eked out a 0.3 percent gain to USD3246 a tonne.
Meanwhile, the NZX 50 index closed 1.26 percent higher at 8,200.27, while at 05:00GMT, the FxWirePro's Hourly NZD Strength Index remained neutral at 9.80 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
