NZ Commodity Prices See Largest Monthly Drop Since Late 2022
New Zealand's commodity prices experienced their most significant monthly decline since November 2022, primarily due to a substantial fall in dairy prices.
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New Zealand's commodity prices experienced their most significant monthly decline since November 2022, primarily due to a substantial fall in dairy prices.
Bitcoin's on-chain metrics show increased activity, potentially linked to recent hardware wallet security incidents, a K33 report indicates.
Bank of Japan's June meeting minutes show a decisive vote for a rate hike, signaling a continued focus on managing inflation risks.
The New Zealand Dollar weakened against the US Dollar after the latest employment data revealed a significant rise in unemployment.
Iran has refuted a US statement regarding open navigation in the Strait of Hormuz, potentially impacting recent oil market sentiment.
Japanese real wages increased for a sixth consecutive month in June, strengthening the argument for the Bank of Japan to normalize monetary policy.
Japan's labor cash earnings for June aligned with forecasts, signaling steady, albeit moderate, wage increases in the economy.
Gold prices eased in early Asian trading as market participants weighed ongoing US-Iran discussions against the Federal Reserve's monetary policy outlook.
Australia's services sector saw accelerated growth in July, driven by a rebound in new orders and improved business confidence.
New Zealand's unemployment rate reached 5.6% in Q2, an 11-year high, despite stronger-than-expected employment and wage growth.
South Korea's central bank is reportedly preparing to re-enter the gold market after a 13-year absence, signaling a strategic shift.
South Korea's foreign exchange reserves increased slightly in July, reaching $427.95 billion, primarily due to increased investment profits.
US crude oil stockpiles saw an unexpected increase in the last week of July, according to the latest API data, defying analyst expectations.
Major stock indices recorded significant gains, prompting varied explanations from market observers regarding the underlying drivers.
Major US stock indexes concluded the session significantly higher, with technology companies driving the Nasdaq to top gains and new record closes.
Major US stock benchmarks concluded the trading session significantly higher, with all key indices recording substantial gains.
Vietnam's July inflation moderated to 4.5% annually, maintaining the average near target, while the trade deficit expanded.
AMD reported stronger-than-expected Q2 earnings and revenue, with its Q3 revenue outlook also surpassing analyst forecasts.
SpaceX's initial public earnings report revealed robust revenue driven by Starlink, with its AI division showing smaller losses than anticipated.
Booking Holdings exceeded Q2 earnings and revenue estimates, driven by sustained global travel despite macroeconomic uncertainties.
The British Pound showed limited movement against the US Dollar, trading within a narrow range, reflecting subdued market activity.
Gold prices moved higher on Tuesday, supported by hopes for a diplomatic resolution in the Middle East and a retreat in US Treasury yields.
USD/JPY recovers despite a weaker dollar, indicating waning effects of recent intervention and renewed pressure on the Japanese Yen.
Indonesia's trade deficit for June 2026 saw a reduction, primarily driven by robust non-oil and gas export performance.
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