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Van-Petersen: Market rally fuelled by easing looks set to continue

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It's a big week ahead for central banks as the US Federal Open Market Committee (FOMC) meets. Beijing is also discussing its latest five-year plan, just days after it cut interest rates again.

The Reserve Bank of New Zealand (RBNZ) holds its six weekly meeting and although markets believe there will be no rate decision, Van-Petersen expects a cut at some point this year. 

Meanwhile, the Bank of Japan is also one to watch as it meets on Friday. Kay says the consensus is that officials will begin easing. If they don't he warns there will be big moves in USDJPY. 

In conclusion, he expects last week's strong rally to continue and he explains why.