Bets on June Fed Rate Cut Abandoned, Dollar Asserts Dominance
The financial markets were jolted last week by data confirming the stall in disinflation progress […]
Week Ahead – More Inflation Data on the Way as Rate Cut Bets Thrown into Disarray
CPI numbers due in the UK, Japan, Canada and New Zealand China to also come […]
NZ Dollar Slips as Manufacturing Softens
The New Zealand dollar is down sharply on Friday. In the North American session, NZD/USD […]
NZ BNZ manufacturing falls to 47.1, 13th month of contraction
New Zealand BusinessNZ Performance of Manufacturing Index PMI fell from 49.1 to 47.1 from 49.1 […]
Policy Divergence Really Matters
Monetary policy settings across countries only make sense by also considering the fiscal context. In […]
NZ Dollar Rises as RBNZ Pauses
The New Zealand dollar has extended its gains on Wednesday and is higher for a […]
RBNZ April 2024 Monetary Policy Review: Staying the Course
Staying the course The RBNZ left the OCR at 5.5% as expected. The record of […]
RBNZ holds OCR steady, no room for delay in bring down inflation to target band
RBNZ maintained Official Cash Rate unchanged at 5.50%, aligning with market expectations. This decision comes […]
NZ Dollar Climbs Ahead of RBNZ Rate Decision
The New Zealand dollar has posted considerable gains on Tuesday. In the North American session, […]
NZ NZIER business confidence tumbles, high interest rates deepen pessimism
In Q1, New Zealand’s business community signaled a stark downturn in confidence, with NZIER business […]
First Impressions: NZIER Survey of Business Opinion, Q1 2024
Business confidence slumped in March, after a post-election bounce in December. Key results (seasonally adjusted) […]
NZ BNZ services plummets to 47.5, signaling over 2% GDP contraction
New Zealand’s service sector saw a significant downturn in March, as evidenced by BusinessNZ Performance […]