WTI crude falters over fears of a forced recession by central banks across the globe. The price hit resistance at last month’s swing high (82.00), suggesting that the pessimism still prevails. A combination of profit-taking and renewed selling has driven the commodity below 78.00 and 74.00, exacerbating the liquidation. The psychological level of 70.00 is […]
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New Zealand’s manufacturing sector continued to expand in February, with BusinessNZ Performance of Manufacturing Index edging slightly lower from 55.1 to 55.0. While the headline reading dipped marginally, the index remains comfortably above the 50 Read more…
Key insights from the week that was. The Westpac-MI Consumer Sentiment Index lifted modestly in March, up 1.2% to 91.6, still an outright pessimistic reading. The latest survey was in the field over the week Read more…