New Zealand’s manufacturing sector posted a powerful recovery in June, with the BusinessNZ Performance of Manufacturing Index (PMI) jumping from 51.3 to 59.7, well above its long-run average of 52.5. The reading marked the strongest Read more…
The minutes of the Federal Reserve’s June 16-17 meeting revealed that the unanimous decision to leave interest rates unchanged masked a noticeably more hawkish debate beneath the surface. While all policymakers ultimately supported keeping the Read more…
June 16–17, 2026 A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, June Read more…
The New Zealand dollar rose 0.75% in immediate reaction to (expected) action of the RBNZ to raise interest rates by 25 basis points to 2.5%, earlier today. This was the first rate hike in almost Read more…
Spot Gold (XAUUSD) continues to exhibit an incomplete bearish sequence from the January 29 peak, with potential downside extending toward the $3400 area. The decline from the April 17 peak is unfolding as a double Read more…
The housing market has been a bit lackluster in the first half of 2026. High mortgage rates and home prices have kept homebuyer demand down. As a result, sellers are hesitant to list their homes Read more…
As Americans look to secure their financial futures, they are smartly looking to maximize their wealth for retirement, capitalizing on every available tax-advantaged account to build a robust nest egg. For decades, older workers have Read more…
Inflation is still biting. The Iran war fallout is still rippling through energy markets. The Fed is talking about rate hikes again. And the June jobs report came in at just 57,000, less than half Read more…
Mercedes-Benz (MBGAF) has reported an 8% year-on-year decline in Q2 car sales, with an especially significant 30% drop in China, one of its largest markets by volume. Elsewhere, sales in North America and Europe increased. Read more…