New Zealand Composite NZ PCI (Feb) 50.5 (Prev. 52.5)
The New Zealand Composite PMI for February printed at 50.5, down from the previous 52.5, indicating a contraction in activity.
Saudi Arabia says it intercepted a drone over its eastern region
Newsquawk Daily Asia-Pac Opening News - 16th March 2026
New Zealand Composite NZ PCI (Feb) 50.5 (Prev. 52.5)
Newsquawk Week In Focus: Highlights include US/China meet, NVDA GTC, FOMC, BoJ, BoE, ECB, RBA, and SNB
Ford (F) authorises repurchases of up to 31.7mln shares of Ford common stock
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This significant decline suggests weakening economic momentum, which may elicit concerns over future growth and could influence expectations for monetary policy adjustments from the RBNZ.
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