Stay on top of your trading with analyses of the latest market news.
Key points: New Zealand’s CPI rose 0.4% in Q2, below the forecast of 0.5%. Annual inflation slowed to 3.3%, down from 4.0% in the previous quarter. The New Zealand dollar strengthened on Wednesday as domestically-driven inflation remained high, though headline …
Key points: The dollar showed mixed performance after U.S. retail sales data, with traders eyeing potential Fed rate cuts in September. The New Zealand dollar gained 0.46% to $0.6078 due to higher-than-expected non-tradable inflation. The dollar experienced a mixed performance …
Key Points: Google is in talks to acquire cybersecurity firm Wiz for $23 billion. This comes weeks after Google walked away from a $25 billion deal to acquire HubSpot. The acquisition aims to bolster Google’s cloud-based cybersecurity capabilities. Google (Symbol: …
Key Points: The British pound reached a one-year high. UK growth expanded by 0.4% in May, and US inflation dropped to 3.0% in June. The upcoming interest rate decision by the Bank of England on August 1 could influence the …
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