RBNZ may raise rates at coming meetings due to near-term inflation pressure The RBNZ is considering rate hikes in the near future due to building inflation pressures. The bank does not need to wait for quarterly CPI data to make a move. The RBNZ is examining high
May data shows softer price pressures in Japan’s capital, undershooting forecasts and prior readings across key inflation gauges. Tokyo’s headline Consumer Price Index rose 1.4% year-over-year in May, down from 1.5% in April, as price pressures moderated. The decline marks
May data shows softer price pressures in Japan’s capital, undershooting forecasts and prior readings across key inflation gauges. Tokyo’s headline Consumer Price Index rose 1.4% year-over-year in May, down from 1.5% in April, as price pressures moderated. The decline marks
May data shows softer price pressures in Japan’s capital, undershooting forecasts and prior readings across key inflation gauges. Tokyo’s headline Consumer Price Index rose 1.4% year-over-year in May, down from 1.5% in April, as price pressures moderated. The decline marks
Japan’s core-core inflation decelerated in May, marking its slowest pace in eight months amid easing price pressures. Japan’s core-core consumer price index, excluding food and energy, rose at its slowest rate since September 2024 in May. The deceleration suggests a coolin
Yen trades near 159.60 per dollar ahead of intervention data The yen is trading near 159.60 per dollar as markets await official intervention data. Japan spent up to ¥10 trillion to defend the currency in late April. The country's foreign currency reserves
Dell Technologies secures a five-year, $9.7 billion Pentagon contract for Microsoft software and cloud services, boosting shares. Dell Technologies shares jumped over 30% in after-hours trading after securing a $9.7 billion Pentagon software agreement. The five-year deal c
FSLR surges 10.8% in a sixth consecutive session as investors anticipate a Section 232 tariff decision. First Solar shares climbed 10.8% to settle at an 18-year high of $310.42, extending a six-day rally. Analysts cite falling yields and renewed policy momentum as key driv
AUD/USD recovers to 0.7150 on strong Q1 business investment The Australian Dollar rebounded on Thursday, helped by a surprise Q1 business investment print of 6.5% quarter-on-quarter. The result exceeded the 1.0% consensus, driven by equipment, plant, and machine inves
ANZ-Roy Morgan index rises 6 points to 86.5 but stays 21 points below January levels amid inflation and economic concerns. New Zealand consumer confidence increased by 6 points to 86.5 in May, recovering partially from April lows. The index remains significantly lower than
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