Core inflation rises to 3.4%, its highest since late 2024, complicating RBA policy outlook despite softer headline CPI. Australia’s annual consumer price inflation slowed to 4.2% in April from 4.6% in March, missing forecasts as a temporary fuel excise cut dragged on headl
The Reserve Bank of New Zealand kept interest rates unchanged, boosting the NZD against the USD in early trading. The Reserve Bank of New Zealand (RBNZ) maintained its official cash rate at 2.25%, supporting a rally in the New Zealand Dollar. The NZD/USD pair climbed to ne
RBNZ holds OCR at 2.25% due to split vote The Reserve Bank of New Zealand maintained its official cash rate at 2.25% after a split vote among committee members. The decision was made by the governor's casting vote, as three members voted to hold the rate and three vot
Changpeng Zhao stated geo-fencing U.S. users from launch could have prevented later compliance challenges for Binance. Binance founder Changpeng Zhao said in a May 9, 2026 interview that blocking U.S. users and implementing geo-fencing from the start would have mitigated l
April data shows industrial profits accelerating sharply despite broader economic slowdown and real estate pressures. China’s industrial profits rose 24.7% year-over-year in April, the strongest gain since November 2023. The jump outpaced March’s 15.8% increase, driven by
Australian Dollar declines on lower annual CPI inflation The Australian Dollar has declined following the release of domestic inflation data. The annual CPI inflation fell in April, leading to a decline in the AUD. The AUD/USD pair is trading around 0.7160
Annual inflation in Australia slowed to 4.2% in April, below the 4.4% consensus, weighing on the Australian Dollar. AUD/USD retreated to around 0.7160 in Asian trading Wednesday after Australia’s April Consumer Price Index rose 4.2% year-over-year, missing the 4.4% market
April CPI slows from March’s 4.6% YoY but stays above RBA’s 2-3% target, capping AUD downside. The Australian Dollar retreated from a two-week high near 114.35 against the Japanese Yen after April’s Consumer Price Index eased to 4.2% year-over-year from March’s 4.6%. The d
Annual inflation in Australia eased more than expected in April, reinforcing signs of cooling price pressures. Australia’s annual consumer price inflation decelerated to 4.2% in April, down from 4.6% in March and below the 4.4% consensus forecast. The print marks the lowes
Annual inflation in Australia slowed more than expected in April, easing pressure on the Reserve Bank of Australia to hike rates further. Australia’s annual consumer price inflation cooled to 4.2% in April, down from 4.6% in March and below the 4.4% consensus forecast. The
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