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New Zealand inflation slowed more than expected in the September quarter, with annual CPI easing from 4.1% to 3.7%, below market expectations of 3.8% and RBNZ’s 3.9% projection. Quarterly inflation also moderated sharply from 1.5% Read more…
Consumer prices rose 0.7% in the September quarter and 3.7% y/y. Core inflation pressures are elevated and market pricing is primed for a 25bp OCR hike next week, which we now expect. Consumers Price Index, Read more…
Gold is under pressure due to high oil prices and expectations of a Fed rate rise. The slowdown in the global economy may provide support in the long term. Gold is on track to close Read more…