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New Zealand’s Unemployment Rate climbs to 5.6% in Q2 vs. 5.4% expected
New Zealand’s Unemployment Rate rose to 5.6% in the second quarter (Q2) of 2026 from 5.3% in the first quarter, according to the official data released by Statistics New Zealand on Wednesday. The figure came in above the market consensus of 5.4%.
Fxstreet
Tue, Aug 4
Vietnam Dong: Stable despite widening trade deficit – Commerzbank
Commerzbank analysts note that Vietnam’s July inflation eased to 4.5% year-on-year, keeping the average near the 4.5% target, while the trade deficit widened to USD 3.6 billion on strong import growth driven by energy and capital goods.Fxstreet
Tue, Aug 4
Fed's Paulson: Underlying inflation is too high
Anna Paulson, President of the Federal Reserve (Fed) Bank of Philadelphia, said in an interview with CNBC on Tuesday that underlying inflation remains too high and that monetary policy needs to stay mildly restrictive, adding that the current environment likely meets that description.Fxstreet
Tue, Aug 4
United States: Growth impulse questioned – Standard Chartered
Standard Chartered analysts Dan Pan and Steve Englander discuss the Federal Reserve’s Financial Conditions Impulse on Growth (FCI-G) index, noting it was highly accommodative in May 2026 and still supportive after the July FOMC.Fxstreet
Tue, Aug 4
United States JOLTS Job Openings decline to 7.35 million in June
The number of job openings stood at 7.359 million in June, the US Bureau of Labor Statistics reported on Tuesday. This print followed the 7.537 million openings reported in May and came in slightly below the market expectation of 7.4 million.Fxstreet
Tue, Aug 4
New Zealand Dollar: Labor market soft, RBNZ hike eyed – TD Securities
TD Securities’ Australia/NZ macro team sees New Zealand Employment growth at 0.1% q/q in Q2, insufficient to match population gains. They expect the Unemployment Rate to rise to 5.4%, returning to its recent cycle high and aligning with the RBNZ’s May forecast.Fxstreet
Tue, Aug 4
US Treasury Secretary Bessent says Hormuz deal nears as Oil prices tumble
US Treasury Secretary Scott Bessent said in a CNBC interview on Tuesday that a deal with Iran to reopen the Strait of Hormuz could be reached as soon as Tuesday or Wednesday. He added that he expects Energy prices to "settle back down".
US Dollar: JOLTS openings seen retreating – TD Securities
TD Securities strategists expect US JOLTS job openings to fall to 7.0 million in June from 7.594 million in May, below the 7.504 million consensus forecast, as the recent increase appears difficult to sustain. They expect the data to move closer to softer private-sector hiring indicators.Fxstreet
Tue, Aug 4
Canadian Dollar: Trade surplus seen narrowing – TD Securities
TD Securities strategists expect Canada’s International Merchandise Trade surplus to narrow in June as weaker Oil prices weigh on energy exports. They forecast a surplus of $2.5bn versus the market’s $3.0bn and May’s $4.2bn.Fxstreet
Tue, Aug 4
Euro holds ground as Eurozone growth data offsets oil-driven CAD gains
EUR/CAD remains stronger for the eighth consecutive day, trading around 1.6170 during the European hours on Tuesday. The currency cross is holding its ground as the Euro (EUR) gains support from an uptick in market risk sentiment.
Fxstreet
Tue, Aug 4
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