• NZD/USD +0.2% wtd, buoyed by spectre of higher OCR and improving sentiment

• Fears of U.S. tech stock meltdown abates for now, Nasdaq rallies 1.1%

• NZ Q3 CPI update due Thur, Reuters poll consensus +0.8% q/q, +3.8% y/y

• Futures pricing now implies 88.5% probability of 25 bps RBNZ hike Oct 28

• Brent crude -0.6% despite widening Houthi attacks on Saudi infrastructure

• NZD remains clear above 0.5634 21-DMA, may extend towards 0.5775 zone

• Range NZ 0.5661-635, support 0.5566 0.5485, resistance 0.5995 0.6012
NZD Daily 21/55/100-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)