CBA Profit Slips 12%, RBA Keeps Rates on Hold, NZ PM Names New Finance Minister
CBA earnings miss, RBA rate hold, and a New Zealand cabinet reshuffle rattle Australian banking stocks and the antipodean currencies.
CBA earnings miss, RBA rate hold, and a New Zealand cabinet reshuffle rattle Australian banking stocks and the antipodean currencies.
China's factory activity contracted for a fourth consecutive month in August, with the official PMI slipping to 49.3, reinforcing fears that the…
Australia’s core inflation missed estimates, prompting markets to sharply reduce the probability of a near-term RBA rate hike, which weakened the Australian…
US trade policy, kiwi dollar weakness, and a de-escalation in Iran tensions drive the latest Australia market briefing from Bloomberg.
New Zealand brain drain, Australia inflation concern, and a new Macquarie boss drive market moves across currencies and financial stocks.
New Zealand inflation accelerates to 4.1% on soaring fuel costs, raising RBNZ rate hike bets and lifting the New Zealand dollar.
An Australia briefing covers Andrew Forrest's new tungsten project and hedge fund short bets against the Kiwi dollar, impacting mining stocks and…
Hedge funds push NZD net short to its highest level since 2006 as a sharp oil price rebound exacerbates New Zealand's trade…
RBNZ's Conway warns of sticky inflation that may force more interest rate hikes, boosting the New Zealand dollar and pressuring NZ bond…
The New Zealand dollar surged against major peers as robust economic data bolstered bets on further RBNZ rate hikes, driving NZD/USD to…
The Reserve Bank of New Zealand raised its official cash rate by 25 basis points to 5.75% in a surprise move, citing…
Reserve Bank of New Zealand set to increase Official Cash Rate as inflation proves stubborn, boosting NZD and bond yields.