Political crises in France and Japan have undermined the strength of the US dollar’s main competitors, the euro and the yen. The resignations of the French and Japanese prime ministers and Paris’s move towards parliamentary elections are temporarily allowing the dollar to forget about monetary policy. The chances of further steps to ease Fed policy […]
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New Zealand’s trade balance reported a deficit of NZD -257m in February as imports surged far ahead of modest export gains. Goods exports edged up just 0.4% yoy to NZD 6.6B, while imports jumped 12% Read more…
Key insights from the week that was. Among the plethora of major central bank decisions this week, the RBA stood out from the pack, delivering a 25bp rate hike which took the cash rate to Read more…