Zealand

Reserve Bank of New Zealand forecasts from ANZ in New Zealand. Briefly:We have revised our forecast for the official cash rate (OCR) and now expect the first OCR cut to come in February 2025, rather than May.Domestic inflation... We expect…

Rio Tinto (New York Stock Exchange: RIEO) said on Thursday it would continue operations at its Tiwai Point aluminum smelter in New Zealand until at least 2044 after agreeing to new electricity supply agreements. RIO is the parent…

The New Zealand economy unexpectedly lost jobs by 0.2% on a quarterly basis in the first quarter of 2024, raising the unemployment rate from 4.0% to 4.3% over the period. The principal components revealed that the labor force…

New Zealand inflation data is expected to stay sticky high, above target. And thus the Reserve Bank of New Zealand cash rate is too. Central banks don't have a lot of policy tools apart from rates, so that's what they'll use (lookin' at you…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

Not impacting NZD/USD upon release.The current account represents the most comprehensive gauge of a nation's international financial interactions. It encapsulates not just the exchange of goods and services, but also earnings from foreign…

BNZ – BusinessNZ Performance of Manufacturing Index (PMI).more to come BusinessNZ’s Catherine Beard:improved February result showed signs of a gradual turnaround in the sector. “The key sub-index of Production (49.1) was at its highest…

© Reuters. FILE PHOTO: LATAM airlines logo, is seen inside of the Commodore Arturo Merino Benitez International Airport in Santiago, Chile April 25, 2019. REUTERS/Rodrigo Garrido/File Photo By Alasdair Pal SYDNEY (Reuters) -New…

For a scan over whats ahead globally:For Australia and New Zealand, see below:Coming up from the Reserve Bank of Australia:12 March 2024, 9.30 am Sydney time (2215 GMT, 1815 US Eastern time)Panel Participation by Sarah Hunter, Assistant…

The Reserve Bank of New Zealand will announce its latest monetary policy decision at 2pm New Zealand time on February 29.Which is 0100 GMT and 2000 US Eastern time (on the 27th for the US)Earlier previews:New Zealand's Reserve Bank set to…