demunhunter01
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RBNZ Sectoral Factor Model Inflation steadies at +1.8% YoY in Q2
The Reserve Bank of New Zealand (RBNZ) is out with its Sectoral Factor Model Inflation Index for the second quarter, with the figures coming in at 1.8% YoY vs. 1.8% previous.
This data comes after the official New Zealand (NZ) CPI met the consensus forecasts.
Actual NZ Q2 CPI: -0.5% QoQ vs. -0.5% e
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An advisor's letter to a wealthy client
A friend who made his fortune in the laundry business has enjoyed enviable returns on his nest egg by staying fully invested in stocks. The following is a personal letter from his financial advisor telling him why, even after the stock market's spectacular rally since late March, he should stay in e
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AUD/USD: Buying opportunity at 0.6910
AUD/USD – NZD/USD
AUDUSD reversed from just below last week's high at 7000/10 to target 6940/30 then a buying opportunity at 6910/00.
NZDUSD we wrote: overbought so could start to trade in a more sideways direction. We held the sideways trend, breaking support at 6555/45, stop below 6535 activated,
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New Zealand Inflation Sinks 0.5% In Q2
Consumer prices in New Zealand were down 0.5 percent on quarter in the second quarter of 2020, Statistics New Zealand said on Thursday - in line with expectations following the 0.8 percent increase in the three months prior.
Seasonally adjusted, prices fell 0.4 percent on quarter.
Individually, tran
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