New Zealand’s Q4 retail sales volume rose 0.9% qoq to NZD 25B, surpassing expectations of 0.6% qoq. Excluding autos, sales jumped 1.4% qoq, well above the 0.3% qoq forecast. Sales volume growth was broad-based, with 10 of 15 industries posting gains. The largest increases came from electrical and electronic goods (+5.1%), department stores (+4.2%), and […]
The post New Zealand retail sales rises 0.9% qoq in Q4, ex-auto sales jumps 1.4% qoq appeared first on Action Forex.
Key Highlights EUR/USD started a consolidation phase from the 1.0515 resistance. A key bullish trend line is forming with support at 1.0420 on the 4-hour chart. GBP/USD is showing positive signs above the 1.2560 support. Read more…
When 2025 began, many investors were optimistic that the domestic economy would deliver results that would continue to push markets higher. It hasn’t happened yet. There’s been a lot of political turmoil with the arrival Read more…
Spanish ECB Governing Council member Jose Luis Escriva stressed caution in an interview published Sunday, highlighting uncertainty in the economic outlook. He stated that it is “very difficult to gauge the impact of events that Read more…