News

Follow the latest analyses and key economic, financial, and global market news in this section. Our team reviews the most important market events daily and provides comprehensive insights for traders and enthusiasts.

NZ CPI surprises to the upside at 2.5% in Q1, domestic pressures driving

New Zealand’s consumer prices rose more than expected in the first quarter, with CPI climbing 0.9% qoq and accelerating from 2.2% yoy to 2.5% yoy, above forecasts of 0.7% qoq and 2.3% yoy. Nevertheless, this still marks the third consecutive quarter that annual inflation has stayed within RBNZ’s 1–3% target band. Tradeable inflation, reflecting imported […]

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Fed’s Powell warns of dual-mandate tensions ahead

In a speech overnight, Fed Chair Jerome Powell pointed to substantial changes underway, by US administration, in trade, immigration, fiscal policy, and regulation—all of which are still “evolving” and difficult to assess in terms of economic impact. In particular, Powell acknowledged that the scale of tariff increases already announced is “significantly larger than anticipated,” and […]

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China to announce expansion plan for its service sector at a briefing on Monday (April 21)

China will announce an expansion plan for its service sector on Monday.

It’ll be at a press conference attended by officals from the Ministry of Commerce, Ministry of Industry and Information Technology, and the People’s Bank of China.

Chinese equities have steadied today ahead of this.

This article was written by Eamonn Sheridan at www.forexlive.com.

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