New Zealand CPI rose 1.7% qoq, 7.3% yoy in Q2, above expectation of 1.5% qoq, 7.1% yoy. The annual inflation accelerated from 6.9% yoy to 7.3%, a 32-year high, after 7.6% in Q2 1990. StatsNZ Read more…
New Zealand BusinessNZ Performance of Services Index ticked up from 55.3 to 55.4 in June, staying above long term average of 53.6 or the survey. Activity/sales dropped from 59.4 to 56.5. But employment improved notably Read more…
Consumer prices rose 1.7% in the June quarter. That took the annual inflation rate to 7.3%, its highest level since 1990. Inflation pressures are widespread and likely to persist for some time yet. Today’s result Read more…
After Friday’s solid US retail sales and a decline in the University of Michigan 5-10Yr inflation read (from 3.1% to 2.8%), the platform has been set for risk assets to start the new week on Read more…
The legal battle between the CEO of Tesla and the management of the microblogging website promises sparks. Elon Musk versus Twitter (TWTR) – Get Twitter Inc. Report: It’s a battle royale. It’s a battle of Read more…
The crypto industry is currently going through an unprecedented crisis that any further setbacks can deepen. Hardly a week goes by without the young crypto industry receiving some bad news. The industry is currently playing Read more…
The fast-food giant has struggled in the fried chicken wars, but something new might give it a leg up on Popeyes and Chick fil-A. Chicken is becoming an increasingly popular menu item at fast-food chains. Read more…
Chris Evans as Lloyd Hansen in The Gray Man | Image: Paul Abell/Netflix Fans of buttons can count on Captain America for support, as Chris Evans notes that even after a few weeks with a Read more…
A new rival to Tesla’s Roadster for fastest electric vehicle just rolled off the production line. Elon Musk’s Tesla Roadster has claimed the title as “quickest car in the world,” according to its website. The Read more…