New Zealand’s two-year inflation expectations rose to 2.53% in Q2 2026, signaling persistent price pressures ahead of RBNZ policy decisions. New Zealand’s two-year inflation expectations increased to 2.53% in Q2 2026, up from 2.37% in the previous quarter, according to the
Parks! America sets aside $500,000 for digital signage investments while flagging macroeconomic challenges in March quarter results. Parks! America Inc. (PRKA) announced plans to spend up to $0.5 million on digital signage, as outlined during its Q2 fiscal 2026 earnings ca
The OECD chief endorses the Bank of Japan’s monetary policy while urging trade reforms as U.S.-China talks approach. The OECD secretary-general stated the Bank of Japan is not clearly behind on monetary policy, citing anchored inflation expectations and strengthening wage
GBP/USD pair struggles to bounce from 1.3500 mark The GBP/USD pair is having trouble capitalizing on its previous day's late bounce from the 1.3500 psychological mark. This level represents a nearly two-week low for the currency pair. The pair is currently
The move aims to reduce demand for precious metals and protect India’s foreign exchange reserves amid economic pressures. India has increased import tariffs on gold and silver to 15% from 6%, combining a 10% basic customs duty with a 5% Agriculture Infrastructure and Devel
Rising US inflation reinforces Fed rate hike bets, lifting the USD and pressuring GBP/USD below 1.3550 amid UK political turmoil. The GBP/USD pair remains under pressure near a two-week low, trading below 1.3550 during the Asian session as the USD consolidates gains. US in
Lawmakers propose sweeping changes to the CLARITY Act ahead of markup, including restrictions on Fed accounts and crypto as legal tender. The U.S. Senate Banking Committee has received over 100 amendments to the CLARITY Act, a crypto market structure bill, before its marku
Iran’s restored missile sites heighten risks to oil tankers and US warships in the critical Strait of Hormuz, per US intelligence. US assessments indicate Iran has regained operational access to 30 of its 33 missile sites along the Strait of Hormuz, a key chokepoint for gl
The OECD expects Japan’s central bank to raise its policy rate to 2% by end-2027 amid sustained inflation and wage growth. The OECD projected the Bank of Japan will increase its policy rate to 2.0% by the end of 2027, up from the current 0.75%. The forecast reflects expect
The Australian Dollar climbs as the Reserve Bank of Australia maintains a hawkish tone ahead of key US producer inflation data. The AUD/USD pair advanced to 0.7240 during Asian trading on Wednesday, supported by a hawkish stance from the Reserve Bank of Australia. The cent
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