Markets European markets took a different, more pessimistic view on yesterday’s Fed policy meeting compared to the US. They appear to have more attention to the (stagflationary) risks in the new forecasts instead of Powell’s reassuring message. European stocks dropped more than 1% with Wall Street suffering from spillover effects. But contrasting with the previous […]
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Japan’s core consumer inflation eased for the first time in four months in February, but less than market expectations. While the data strengthens the case for another BoJ rate hike at the April 30–May 1 Read more…
Key insights from the week that was. In Australia, the February Labour Force Survey provided a major surprise relative to market expectations. The main result was a significant contraction in the size of the labour Read more…
New Zealand posted a surprise trade surplus of NZD 510m in February, defying expectations of a NZD -235m deficit. Goods exports jumped 16% yoy to NZD 6.7B, led by strong demand from key trading partners Read more…