New Zealand Credit Card Spending YY (Dec) -0.3% (Prev. 4.4%)
The decline in New Zealand's credit card spending year-on-year from a previous high of 4.4% to -0.3% signals a notable shift in consumer behavior, likely reflecting tighter economic conditions.
[MARKET ANALYSIS] Oil prices remain lacklustre, while gold rebounds following the prior session's pullback after finding support around the USD 5,000/oz level
China is to roll out policy document on boosting jobs amid AI impact, according to Xinhua
New Zealand Credit Card Spending YY (Dec) -0.3% (Prev. 4.4%)
California Governor Newsom says launching a review into TikTok content moderation and whether it violates state law
Chinese Industrial Profits (YTD) YoY (Dec) Y/Y 0.6% (Prev. 0.1%)
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This significant downturn could have implications for retail performance and overall economic growth, potentially influencing the Reserve Bank of New Zealand's policy considerations moving forward.
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