The NZIER Quarterly Survey of Business Opinion for Q2 reveals increasing pessimism among New Zealand firms. A net 44% of firms are now pessimistic about the economy’s outlook over the next six months, up from 25% in Q1. Additionally, a net 28% reported a deterioration in their own trading during the three months through March, […]
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Minutes from June FOMC meeting highlight continued concerns about the slow progress in reducing inflation this year. Participants emphasized that it would not be appropriate to lower interest rates until there is “greater confidence” that Read more…
June 11–12, 2024 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…
Key Highlights USD/CAD started a fresh decline from the 1.3750 resistance. It traded below a key bullish trend line with support at 1.3670 on the 4-hour chart. EUR/USD rallied above the 1.0750 resistance zone. Gold Read more…