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NZD/USD gathers strength above 0.5700 as New Zealand's Retail Sales beat expectations
The NZD/USD pair extends the rally to around 0.5710 during the early Asian session on Thursday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) as traders expect the US Federal Reserve (Fed) to deliver a further interest rate cut in December.
Fxstreet
Thu, Nov 27
BoJ’s Noguchi: Will gradually adjust the degree of monetary accommodation if ...
Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday, “if economic activity and prices develop in line with the bank's outlook, the bank will gradually adjust the degree of monetary accommodation.”
Fxstreet
Thu, Nov 27
PRESS DIGEST- Financial Times - November 27
Nov 27 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Rachel Reeves' budget raises UK tax take to all-time high- Online gambling operators hit with steep tax rises- Fiscal watchdog unde...Reuters
Thu, Nov 27
Bank of Mexico cuts growth forecast as inflation optimism is questioned
Banxico cuts GDP growth forecast to 0.3% for 2025Deputy governor has questioned credibility of inflation forecastsAnalysts' inflation forecasts are higher than Banxico's projectionsBy Brendan O'Boyle MEXICO CITY, Nov 26 (Reuters) - The Bank of Mexico on Wednesday cut its growth fo...Reuters
Wed, Nov 26
US economic activity little changed ahead of next Fed meeting, report shows
Fed report shows slight decline in employment in recent weeksGovernment shutdown hampered demand in some Fed districts, report saysPolicymakers divided heading into December 9-10 meeting Nov 26 (Reuters) - U.S. economic activity was little changed in recent weeks, though employment was weaker in ...Reuters
Wed, Nov 26
TREASURIES-UK bond rally caps US yield rise fueled by strong data
UK bond rally influences US Treasury marketUS economic data boosts Treasury yieldsFed rate cut expected despite strong economic indicatorsBy Davide Barbuscia NEW YORK, Nov 26 (Reuters) - U.S. Treasury yields were mixed on Wednesday as stronger-than-expected economic data fueled selling, but a sha...Reuters
Wed, Nov 26
WRAPUP 2-US weekly jobless claims at seven-month low amid low layoffs
Weekly jobless claims drop 6,000 to 216,000Continuing claims increase 7,000 to 1.960 millionCore capital goods orders, shipments jump 0.9% in SeptemberDurable goods orders advance 0.5%By Lucia Mutikani WASHINGTON, Nov 26 (Reuters) - The number of Americans filing new applications for unemployment...Reuters
Wed, Nov 26
Fed Beige Book: Wages generally grew at a modest pace
The Federal Reserve (Fed) Beige Book is a document released eight times a year. This document gathers anecdotal information on current economic conditions in its District from Bank and Branch directors, interviews with key business contacts, economists, market experts, and other sources.Fxstreet
Wed, Nov 26
US economic activity little changed ahead of next Fed meeting, Beige Book report shows
Fed report shows slight decline in employment in recent weeksPolicymakers divided heading into December 9-10 meetingFinancial markets expect Fed to cut rates in December Nov 26 (Reuters) - U.S. economic activity was little changed in recent weeks, though employment was weaker in about half of the...Reuters
Wed, Nov 26
