Monthly Archives: May 2025
New Zealand’s April services PMI fell to 48.5, indicating ongoing challenges in the sector
Written on May 19, 2025 at 1:15 am, by melody
New Zealand’s services sector slips further in April, while manufacturing shows signs of improvement with growth.
In the first quarter, New Zealand’s Producer Price Index – Input (QoQ) reached 2.9%, exceeding forecasts
Written on May 19, 2025 at 1:10 am, by melody
New Zealand’s Producer Price Index rose 2.9% in Q1, far exceeding the expected 0.2% increase.
US equity index futures decline with S&P500 down 0.7% and NASDAQ down 0.9%
Written on May 19, 2025 at 12:46 am, by melody
US credit downgrade sinks stock futures; global politics, ECB caution, and Biden’s diagnosis fuel market unease.
In April, New Zealand’s business PSI declined to 48.5 from a previous value of 49.1
Written on May 19, 2025 at 12:40 am, by melody
New Zealand’s services sector contracts in April, with PSI dropping to 48.5 from 49.1 previously.
Data on China’s economic activity is anticipated, with estimates suggesting declines in retail and industrial output
Written on May 19, 2025 at 12:15 am, by melody
John Williams speaks at Hofstra; Asian markets await key April economic data, including retail and production numbers.
Reports suggest Binance and Kraken experienced hacking attempts, with conflicting information on data loss
Written on May 18, 2025 at 11:15 pm, by melody
Binance and Kraken faced hack attempts like Coinbase; conflicting reports say no customer data was compromised.
Forex rates see JPY and EUR increase, influenced by US credit rating downgrade and European events
Written on May 18, 2025 at 10:45 pm, by melody
Yen and euro climb as Moody’s downgrades U.S.; Brexit reset and EU trade talks influence markets.
Bessent warned that tariffs may revert to previous levels without successful trade negotiations with countries
Written on May 18, 2025 at 9:46 pm, by melody
Tariffs may return to prior levels if trade deals stall, says Treasury Secretary Bessent on CNN.
Traders begin the FX week with slight deviations in rates and various weekend news highlights
Written on May 18, 2025 at 8:15 pm, by melody
Monday markets open thin; Moody’s U.S. downgrade, ECB comments, and global trade talks sway currency rates.
Market confidence is shaky due to a US credit rating downgrade and tariff negotiations’ stagnation
Written on May 18, 2025 at 3:45 pm, by melody
Moody’s US downgrade stirs markets; Bessent downplays impact, warns of tariffs’ effect on Walmart margins.
