News

New Zealand’s inflation pulse picked up in the Q3, highlighting lingering price pressures that could restrain the RBNZ from cutting rates too aggressively. Headline CPI rose 1.0% qoq, above forecasts of 0.8% and sharply higher than 0.5% pace in Q2. On an annual basis, inflation climbed from 2.7% yoy to 3.0% yoy, matching expectations but […]

The post NZ CPI jumps to 3% in Q3, hits top of RBNZ target band appeared first on Action Forex.

News of this from the weekend:

• Japan has agreed a coalition government – paves way for Takaichi PM – yen a little higher
• Yen’s moving the right way now! Takaichi closer to being PM.

Updating now:

• Ishin party leader Yoshimura says mostly agreed on conditions with LDP to form coalition
• Will meet LDP leader Takaichi at 0900 GMT to formalise the coalition agreement

Japan will hold a parliamentary vote to pick a new PM to replace outgoing Shigeru Ishiba on October 21.

This article was written by Eamonn Sheridan at investinglive.com.

China’s top trade negotiator Li Chenggang removed from post as permanent WTO representative

Xinhua report.

No further details for now.

This article was written by Eamonn Sheridan at investinglive.com.

After last Friday’s sharp sell-off sparked by renewed U.S.–China trade war fears, markets steadied this week as U.S. equities rebounded. President Trump helped calm investors by emphasizing that he wants to avoid further escalation with China. The reassurance supported a recovery in risk sentiment after the previous week’s turmoil. In Japan, the USD/JPY and Nikkei […]

The post Global Markets Stabilize as U.S.–China Trade Tensions Ease and Gold Reaches Record Highs appeared first on Action Forex.

The Reserve Bank of New Zealand (RBNZ) sectoral factor model of core inflation 2.7% y/y in Q3

prior also 2.7%

Earlier:

• New Zealand Q3 CPI +1% q/q (expected +1%) and +3% y/y (expected +3%)

The RBNZ target band is keeping inflation within 1% to 3%.

***

Reserve Bank of New Zealand’s sectoral factor model of inflation, its preferred measure.

• The model is based on the idea that inflation in each sector of the economy is influenced by a common set of underlying factors or “factors” such as changes in interest rates, exchange rates, and commodity prices.
• The model describes how inflation in each sector of the economy is affected by the underlying factors. Estimates are derived from data on past inflation rates and other relevant indicators and are used to generate forecasts for future inflation in each sector.
• The RBNZ sectoral factor model of inflation is particularly useful because it allows the central bank to identify the sources of inflationary pressures in different parts of the economy. For example, if inflation is rising rapidly in the housing sector, the RBNZ can use the model to determine whether this is due to changes in interest rates or other factors specific to the housing market. By understanding the sources of inflationary pressures, the RBNZ can adjust its monetary policy to target inflation effectively and achieve its inflation targets.

This article was written by Eamonn Sheridan at investinglive.com.

China’s economy expanded at an annual rate of 4.8% in the third quarter (Q3) of 2025, compared to a 5.2% growth in the second quarter, the official data published by the National Bureau of Statistics (NBS) showed on Monday. The figure came in line with the market consensus. 

China Gross Domestic Product (QoQ) above expectations (0.8%) in 3Q: Actual (1.1%)

China Retail Sales (YoY) registered at 3% above expectations (2.9%) in September

China Retail Sales (YoY) registered at 3% above expectations (2.9%) in September

China Gross Domestic Product (YoY) meets forecasts (4.8%) in 3Q