New Zealand Business NZ PMI (Apr) 50.5 (Prev. 53.2)
The New Zealand Business NZ PMI for April printed at 50.5, down from the previous month's 53.2.
US Secretary of State Rubio says China's preference is probably to get Taiwan willingly and that there will be some agricultural purchases from China, adds hopes to get a positive response from China regarding the case of Jimmy Lai and others
New Zealand Food Inflation YoY (Apr) Y/Y 2.6% (Prev. 3.4%)
New Zealand Business NZ PMI (Apr) 50.5 (Prev. 53.2)
US Pentagon cancels planned deployment of 4,000 troops to Poland
Iranian Foreign Minister Araghchi says at BRICS meeting US empire is in decline and Iran will never bow to pressure
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This decline indicates a moderation in manufacturing activity, suggesting potential weakness in the economic outlook, which could influence monetary policy decisions as the central bank balances growth against inflation. Traders may want to consider how this performance might impact the NZD and related assets in the forex market.
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