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Bank of Canada likely to continue interest rate cuts – Commerzbank
The Bank of Canada (BoC) is likely to deliver its next 25bp rate cut today, at least according to the vast majority of economists surveyed by Bloomberg (including us) , Commerzbank’s FX Analyst Michael Pfister notes.
Fxstreet
Sep 4, 2024
S&P Global: New Zealand’s current account deficit must narrow further
Martin Foo, Director at S&P Global Ratings warned in a Bloomberg interview on Wednesday that “New Zealand’s (NZ) current account deficit must narrow further.” Additional quotes “Broadly comfortable with New Zealand’s sovereign rating outlook.” “Closely watching NZ large current-account deficit and weak economic growth.” New Zealand’s current account deficit was 6.8% of the gross domestic product in the 12 months through March ...
Fxstreet
Sep 4, 2024
Japan’s Hayashi: Closely watching domestic and overseas market moves with a sense of urgency
Japan’s Chief Cabinet Secretary Yoshimasa Hayashi said on Wednesday that he is “closely watching domestic and overseas market moves with a sense of urgency.” Additional comments No comment on daily share moves.
Fxstreet
Sep 4, 2024
