RBNZ

This week we have a series of important inflation data from major countries across the world. We're getting to a critical juncture in the economic recovery from COVID that implies more attention is needed on CPI changes. As mentioned… Read More

The second half of the week has a couple of potential surprises. While it's true that all central banks are charting new territory, that's especially the case for the RBNZ and Banxico... But for widely different reasons. Given the… Read More

Last Week’s Highlights US Retail Sales Rise 0.6% in August The monthly retail sales report showed that American consumers continued to increase spending on retail items in August. The report showed a fourth consecutive monthly… Read More

Last Week’s Highlights UK Economy Contracts the Most Since 1955 The latest statistics from the United Kingdom showed that the gross domestic product fell at the fastest pace since 1955 in the second quarter of this year. Data from the… Read More

Last Week’s Highlights BoE Leaves Rates Steady but Gives a Cautious Outlook on Economy The Bank of England held its monetary policy meeting on Thursday. While leaving interest rates unchanged at 0.10% it also left the bond-buying program… Read More

New Zealand PM Jacinda Ardern has received near-universal praise for how her government has handled the COVID outbreak. Now we're expecting to get some comparable figures to see the real impact on the economy. Both the RBNZ and BOC… Read More

Last Week’s Highlights China’s Consumer Prices Rise at a Steady Pace The latest data from China showed a steady increase in consumer prices to 2.5% on the year in June. This was up from 2.4% in the previous month. On a month over month… Read More

NZDUSD has been shedding some of its recent gains over the last couple of weeks as risk sentiment has cooled off. This mostly has to do with external factors. While news from New Zealand has been positive on the COVID front, the rise in… Read More

Last Week’s Highlights Canada’s factory sales in April fall 2.58% Canada’s factory sector posted the biggest monthly decline on record so far in April 2020. According to official data, factory sales fell 28.5% on a month over month basis… Read More