Page 4 - Craig Ebert News Today

Australian Dollar advanced during Asian session, bolstered by stronger than anticipated data emanating from China and the injection of CNY 191B of fresh liquidity into the banking system by PBoC. The injection, which involved CNY 34B through 14-day reverse repos at a reduced rate of 1.95%, down from the prior 2.15%, followed the Chinese central bank's decision to cut reserve requirement ratio for all banks by 25bps a day earlier.

(RTTNews) - The manufacturing sector in New Zealand continued to contract in August, and at a faster rate, the latest survey from BusinessNZ revea...

Core inflation has barely budged in the past nine months and may stick around until unemployment begins to rise, economists suggest

New Zealand Dollar: "Odds of 5.50% marking the peak will Strengthen" say BNZ

New Zealand's services sector slowed last month as new orders and stocks took a tumble.

The manufacturing sector contracted for the fourth month in a row in June to its lowest level of activity since last November

RBNZ's tone suggests no respite for mortgage holders.

The New Zealand dollar rallied by more than one US cent after soft US inflation data.

New Zealand's BusinessNZ Performance of Services Index climbed from 50.1 in April to 53.3 in May, revealing a slight uptick in the services sector. However, it's worth noting that this figure remains marginally under long-term average of 53.6. A closer look at the numbers shows activity/sales leaping from 45.4 to 52.0, employment increasing from 50.5 to 52.6, and new orders/business ascending from 50.1 to 55.4. Stocks inventories slightly declined from 57.1 to 56.8, while supplier deli...

New orders and sales activity rebounded, although they remained below their long-term average.