New Zealand Manufacturing Sales
New Zealand Manufacturing Sales
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New Zealand Manufacturing Sales
The dollar index slid to around 99.5 for a third straight session as cooling US data led traders to scale back expectations for an imminent Fed hike and price a 67% hold-rate probability in September.
() -- The New Zealand dollar extended its gains for the second straight day against the US dollar on Thursday, after the Reserve Bank of New Zealand raised the OCR 25bps to 2.50%, offsetting China's softer June Consumer Price Index at 1.0%, measured on a yearly basis, from 1.2% in May. The kiwi also holds support from
() -- Fletcher Building (ASX:FBU, NZE:FBU) upgraded its fiscal 2026 earnings before interest and taxes (EBIT) guidance by around 6.4% to NZ$400 million to NZ$403 million, supported by an estimated NZ$52 million contribution from surplus property sales, according to a Thursday filing with the Australian and New Zealand
***General Trend and Developments*** -Overall Asian equities are again directionless ahead of the upcoming US-related events. Cautious start to the new quarter? - Disappointing PMIs seen throughout Asia [including China, Indonesia, Japan, South Korea, Taiwan, Vietnam]. The Chinese data was hurt by new export orders. -S
**All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent) ***As always times are subject to change*** **Economic data** - (RO) Romania Jun International Reserves: No est v $77.0B prior - (AR) Argentina Jun Government Tax Revenue (ARS): No est v 21.513T prior - (ZA)
***General Trend and Developments*** -The Japanese Yen remains slightly offered amid quarter-end and Gotobi. Sato ’s comments are now keenly awaited, especially ahead of the next BOJ decision [Jul 31st]. However, Japan 2-year bond traders seem unfazed given the stronger demand at auction -The PBOC continued to use its
***General Trend and Developments*** -Crude oil looked to be heading towards a higher open and US equity FUTs a lower open, until 20 minutes before the Monday reopenings, when Axios reported that the US and Iran would halt strikes and meet tomorrow in Doha, Qatar. -Oil ended up only opening modestly higher by US armed
**All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent) ***As always times are subject to change*** **Economic data** - 01:00 (FI) Finland Jun Consumer Confidence: No est v -10.5 prior; Business Confidence: No est v 3 prior - 02:00 (SE) Sweden May Trade Balance (
**All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent) *** As always times are subject to change *** - 17:00 (KR) South Korea Jun Business Manufacturing Survey: No est v 100.8 prior; Non-Manufacturing Survey: No est v 97.5 prior - 18:00 (HU) Hungary Jun Business
Geopolitics President Donald Trump said Apple Inc. (NASDAQ: AAPL ) has agreed to work with Intel to design and build chips in the United States. The president also reiterated that Nvidia Corp (NASDAQ: NVDA ) had agreed to manufacture chips with Intel and highlighted plans for a massive semiconductor facility involving