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Friday: Rate cuts fire up NZ business confidence

US stocks are strong on more signs of a soft landing. NZ business confidence surges as rates are cut. Australian capital investment plans remain stro…

1 year, 7 months ago

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Thursday: Australian core inflation falling again

US stocks are trading down ahead of of chipmaker Nvidia’s results later this morning; There’s support for an ECB September cut; Australia’s inflation…

1 year, 7 months ago

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Wednesday: USD nears 2024 lows

The US dollar weakened again overnight to near its low this year. Australia’s inflation figures today will be dominated by Government subsidies lower…

1 year, 7 months ago

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Tuesday: Oil jumps on Mid East conflict

Oil has jumped 2-and-a-half percent on renewed conflict in the Middle East. The US dollar strengthened overnight as traders continued to digest signa…

1 year, 7 months ago

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Monday: Powell says it's time to cut rates

Jerome Powell says the time has come to cut rates. They may eventually 200 basis points. The Kiwi dollar is rising against the Aussie despite a small…

1 year, 7 months ago

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Friday: Talk of big Fed rate cuts fading

US manufacturing contracts, keeping the Fed on course to cut next month, but Fed speakers see only gradual falls. Those comments drove Treasury yield…

1 year, 7 months ago

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Thursday: US jobs growth revised down by 818k

US jobs growth is revised down, cementing Fed rate cut bets and sending the world’s reserve currency down further. Thailand and Indonesia hold rates,…

1 year, 7 months ago

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Wednesday: Dual mandate stops RBA hiking

The US dollar continues to weaken as rate cut hopes solidify; RBA minutes show its dual mandate kept a rate hike in check; New Zealand house prices f…

1 year, 7 months ago

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Tuesday: US dollar weakens ahead of rate clues

Markets are looking ahead this week to Jackson Hole for firmer clues on rate cuts. Currencies are already on their way - the US dollar weakening agai…

1 year, 7 months ago

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Monday: Market focus turns to Jackson Hole

Markets are turning to Jackson Hole later this week for signs from the world’s central bankers about the speed and size of expected rate cuts. Centra…

1 year, 7 months ago

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