News
Important Only
USD/JPY extends upside near 158.50 despite strong Japan’s Tankan Index
NZD/USD holds positive ground above 0.6050, New Zealand CPI eases more than expected in Q2
Investing.comJul 16, 2024
New Zealand CPI eases more than expected in Q2, pushes RBNZ rate cut bets
FxstreetJul 16, 2024
New Zealand CPI inflation drops to 0.4% QoQ in Q2 vs. 0.6% expected
FxstreetJul 16, 2024
New Zealand Consumer Price Index (YoY) registered at 3.3%, below expectations (3.5%) in 2Q
USD/JPY Price Analysis: Struggles to crack 158.50 as bearish signals mount
Forex
New Zealand CPI eases more than expected in Q2, pushes RBNZ rate cut bets
Investing.com-- New Zealand consumer price index inflation eased more than expected in the second quarter, furthering bets that the economy was cooling at a pace that could invite interest rate cuts bInvesting.com
Jul 16, 2024
Economic Indicator
New Zealand CPI inflation drops to 0.4% QoQ in Q2 vs. 0.6% expected
Inflation in New Zealand, as measured by the change in the Consumer Price Index (CPI), drops to 0.4% QoQ in the second quarter (Q2) of 2024 from 0.6% in the previous reading, Statistics New Zealand reported on Wednesday.Fxstreet
Jul 16, 2024
Stocks
Five Below slumps in afterhours as Q2 guidance falls short, CEO steps down
Investing.com -- Five Below slumped in afterhours trading Tuesday after discount retailer announced that its CEO Joel Anderson had stepped down and pre-announced guidance for Q2 that fell short of estInvesting.com
Jul 16, 2024
Economic Indicator
Forex Today: UK, EMU inflation come to the fore along with US data
Tuesday’s inconclusive price action in the FX universe came on the back of incessant speculation of a rate cut by the Fed in September, leaving the US Dollar and most of the risk-linked assets almost unchanged from Monday’s closing levels.Fxstreet
Jul 16, 2024
Economic Indicator
Fed's Kugler: If labor cools too much it will be appropriate to cut
Federal Reserve (Fed) Board of Governors member Dr. Adriana Kugler noted on Tuesday that while inflationary pressures have certainly eased, the Fed still needs some pieces to the rate cut puzzle before movement on rates can occur.Fxstreet
Jul 16, 2024
Indices
Dow Jones Industrial Average scorches up the charts 740 points as rate cut hopes rise even higher
The Dow Jones Industrial Average (DJIA) surged to a second record-setting day in a row, climbing over 600 points to chalk in a fresh all-time peak above 40,850 as market sentiment buries the needle even further into hopes of a September rate cut from the Federal Reserve (Fed).Fxstreet
Jul 16, 2024
