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NZD/USD gained almost 2% amid the weaker US dollar backdrop

There were large moves across global markets as US CPI came in below consensus expectations, suggesting the US Fed hiking cycle is complete and the next move will be a cut in 2024. Equity markets made strong gains while UST yields fell ....

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Bank Rate Maintained At 5.25% - November 2023 - Bank of England's Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Bank Rate Maintained At 5.25% - November 2023 - Bank of England's Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting
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Stronger USD pushes NZD to fresh 2023 lows

Global bonds markets under pressure with US treasuries making fresh multi-year highs ahead of a widely anticipated speech by Fed Chair Powell. Oil prices higher. The Chinese economy expanded 4.9% in Q3, faster than expected ....

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NZ First Impressions: Consumer Price Index September 2023

New Zealand consumer prices rose 1.8% in the September quarter which saw the annual inflation rate dropping back to 5.6%, down from 6.0% in the year to June. Today's result was below our forecast, and much lower than the RBNZ expected in the August Monetary Policy Statement. ....

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