New Zealand ANZ Commodity Price Index MM (Jan) +2.0% (Prev. -2.1%)
The rise in the New Zealand ANZ Commodity Price Index by 2.0% in January, following a previous decline of 2.1%, indicates a potential rebound in commodity prices that could support inflation expectations.
[MARKET UPDATE] Asia-Pac stocks are on the back foot as the downbeat mood rolls over into the region, following the tech-related selling on Wall St
Australia sells AUD 1.1bln 4.25% 2036 bonds, b/c 3.73, avg. yield 4.9012%
New Zealand ANZ Commodity Price Index MM (Jan) +2.0% (Prev. -2.1%)
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Nintendo (7974 JT) Q3 (JPY) oper. income 155.21bln (exp. 180.7bln), 9-month net rose 51.3% Y/Y to 358.9bln, 9-month net sales rose 99.3% Y/Y to 1.9tln
PRE-MARKET AUSTRALIAN STOCKS NEWS: Amcor (AMC AT) Q2 (USD) EBITDA rose 83% Y/Y to 826mln, net sales rose 68% Y/Y to 5.4bln
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This uptick may signal stronger demand or shifting supply dynamics, which could influence monetary policy considerations and the NZD's performance going forward if sustained.
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