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NZ unemployment hit 5.1%, the highest since 2020 Underutilisation climbed to 12.1%, reinforcing labour market slack Private sector wage growth slowed to 3% over the year Markets 92% priced for 50bps...
The New Zealand dollar is trading at 0.5608 in the European session, down 0.35% on the day. On Monday, NZD/USD fell as much as 1.2% but managed to recover most of these losses. New Zealand Employment...
Dollar pulls back after Mexico and Canada agreed with Trump. But rebounds after China announced retaliatory tariffs. Aussie and Kiwi are today’s main losers; gold hits fresh record high. Wall Street...
Headline and trimmed mean inflation undershoot market, RBA forecasts CPI rose 0.2%in Q4, with key trimmed mean slowing to 0.5% Government subsidies and weak housing demand drove price declines,...
RBNZ sees neutral rates between 2.5-3.5%, hinting at more cuts ahead NZD/USD traders shrug off rate differentials, fixated on US trade policy Market pricing suggests at least four more RBNZ cuts by...
Aussie and Kiwi gain as Trump softens his stance on China. Yen rallies after BoJ raises rates and revises inflation forecasts. S&P 500 hits a new record, and gold keeps marching north. The US...
The New Zealand dollar dropped as much as 0.5% earlier today but has recovered. In the European session, NZD/USD is trading at 0.5684, up 0.10% on the day. New Zealand Inflation Unchanged at 2.2% New...
Markets have continued to unwind US Dollar longs as US Treasuries had another strong session, and a delay in tariff announcements is fuelling some tentative optimism. That said, we could start to see...
Domestic NZ inflation pressures ease, but remain elevated RBNZ likely to deliver a third jumbo rate cut on Feb 19 Kiwi acting as a proxy for US trade policy, especially towards China Inflation...
Markets brace for impact ahead of Trump’s inauguration. BoJ seen raising rates at first gathering of 2025. Euro and pound traders turn gaze to PMIs. Canada and New Zealand CPI data to shape BoC and...
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