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Wednesday: Global markets pause ahead of US data

Markets took a breather overnight to refocus on US GDP and inflation data tomorrow night. Australian consumer confidence improves as tax cuts arrive.…

1 year, 9 months ago

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Tuesday: Markets digest what Harris Presidency could mean

Kamala Harris’ backing to replace Joe Biden supports tech stocks, while a flight to safety sees the Aussie and Kiwi dollars both fall half a percent;…

1 year, 9 months ago

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Monday: Joe Biden won't stand for second term

US President Joe Biden announced this morning he won’t seek a second term. That’s after US tech stocks fell sharply on Friday night on the Crowdstrik…

1 year, 9 months ago

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Friday: ECB holds, but set to cut twice more in 2024

The ECB holds its official interest rates and markets see an 80% chance it will be able to cut again in September. US stocks edge lower with ongoing …

1 year, 9 months ago

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Thursday: Nasdaq hit by Trump comments

The Nasdaq is down almost 3%, especially its chip stocks, after Donald Trump said Taiwan should pay for its own defence. New Zealand’s soft inflation…

1 year, 9 months ago

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Wednesday: Strong US retail sales can't dent rate cut bets

Stronger US retail sales do little to dent September rate cut hopes. Gold hit a fresh high overnight. New Zealand inflation is being watched for sign…

1 year, 9 months ago

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Tuesday: US stocks rise on Trump bets

US stocks and the dollar firmed in the first day of trading after the assassination attempt on US Presidential candidate Donald Trump. China’s GDP gr…

1 year, 9 months ago

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Monday: Safe havens eyed after Trump assassination attempt

Markets are focused on safe havens after the assassination attempt on former President Trump. China’s exports are set to soften as US demand wanes. I…

1 year, 10 months ago

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Friday: CPI fall thumps Treasury yields & US$ lower

US inflation was much softer than expected overnight, which shunted down Treasury yields and the US dollar. Rates were held in Korea, but with a dovi…

1 year, 10 months ago

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Thursday: NZD tumbles on RBNZ 'pivot'

Ahead of US June CPI data tonight, market bets are firm for a September cut by the Fed; The New Zealand dollar tumbles as markets see the Reserve Ban…

1 year, 10 months ago

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