Commentary
Add as a preferred source on GoogleThe decent near-term outlook for GDP growth and the robust housing market will offset any concerns about low underlying inflation and prompt the Reserve Bank of New Zealand (RBNZ) to leave interest rates on hold at 3.50%…
The decent near-term outlook for GDP growth and the robust housing market will offset any concerns about low underlying inflation and prompt the Reserve Bank of New Zealand (RBNZ) to leave interest rates on hold at 3.50% (22.00 BST Wednesday).
Capital Economics said - "There is a chance that the RBNZ may drop its current neutral stance in favour of a bias towards looser policy. That would support our view that rates will be cut before end-2015."
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
