New Zealand Building Permits Decline 4% in May
New Zealand saw a 4% monthly decrease in new dwelling consents in May, following a significant rise in the previous month.
Latest forex news and market analysis
New Zealand saw a 4% monthly decrease in new dwelling consents in May, following a significant rise in the previous month.
The Chinese Yuan (CNH) has shown signs of stabilization against the US Dollar, following a recent dip and subsequent rebound.
Private sector analysts in Mexico have lowered their inflation forecasts for 2026, according to a recent Bank of Mexico survey.
The US Dollar Index (DXY) maintained its position around 101.40, supported by resilient economic indicators and hawkish central bank remarks
Upcoming economic data from Asia on July 2nd, including Australia's trade balance, is not anticipated to significantly move financial market
The Atlanta Fed's GDPNow model significantly lowered its second-quarter real GDP growth forecast, dropping it to 1.2% from 2.5%.
Federal Reserve Chair Kevin Warsh's remarks at Sintra suggest a deliberate move towards less explicit forward guidance for monetary policy.
The Dow Jones Industrial Average achieved a new all-time high, concluding its recovery from April's decline, though recent changes influence
Major US stock indices recovered from early session declines, with the Dow and S&P 500 turning positive, while the Nasdaq remained flat.
The US tech market shows a divided picture, with consumer electronics and software firms advancing while semiconductor companies face declin
HSBC analysts suggest the UK's inflation outlook, while still elevated, now faces more balanced geopolitical risks following recent US-Iran
Eurozone inflation dipped in June, primarily due to energy costs, though underlying price pressures remain a key concern for the European Ce
US construction spending saw a marginal increase of 0.1% in May, aligning with market expectations, following a downward revision for April.
Uncertainty surrounding the United States-Mexico-Canada Agreement (USMCA) review is expected to extend policy risks for Mexico, potentially
A White House economic official recently suggested that increasing interest rates could be an error, sparking discussion on monetary policy.
Lower-than-expected inflation in the Euro area for June may allow the European Central Bank to maintain a cautious approach on interest rate
Top central bankers, including the Fed chair, ECB president, and BoE and BoC governors, will participate in a policy panel today.
US employers announced fewer job cuts in June, a notable decrease from May, with artificial intelligence cited as a primary factor in tech l
Eurozone inflation eased more than anticipated in June, potentially offering the European Central Bank greater flexibility in its policy dec
The Japanese Yen showed marginal gains against most currencies but softened versus the US Dollar, nearing 162.66 on Wednesday.
Commerzbank interprets recent remarks from a Czech National Bank official as indicating a pause in interest rate hikes following a recent ad
Reports indicate that the United States and Iran are engaged in indirect technical talks in Doha, mediated by Qatar and Pakistan.
US stock index futures show mixed performance during European trading as market participants await key manufacturing data.
The UK's manufacturing sector experienced a slowdown in growth during June, with the final PMI reading confirming an earlier estimate.