As Middle East tensions escalate again ahead of the weekend, global financial markets are exhibiting a pronounced shift towards risk aversion. The news of Israel urging all civilians in Gaza City to evacuate, in anticipation of a ground invasion following a severe attack by Hamas, has sent shockwaves through the markets. Both Oil and Gold […]
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New Zealand’s services sector slipped back into contraction in February. BusinessNZ Performance of Services Index fell from 50.7 to 48.0, well below the survey’s long-term average of 52.8. The sector’s return to expansion proved short-lived, Read more…
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The coming week represents a rare convergence of global monetary policy decisions, with seven major central banks meeting within days of each other. The Reserve Bank of Australia, Bank of Canada, Federal Reserve, Bank of Read more…