New Zealand Food Inflation YoY (Mar) Y/Y -0.6% (Prev. -0.1%)
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US President Trump posts "I hope Hezbollah acts nicely and well during this important period of time. It will be an GREAT moment for them if they do. No more killing. Must finally have PEACE!"
US Intelligence detected signs China was weighing giving Iran advance radar systems in the days after the Iran war began, according to CBS
New Zealand Food Inflation YoY (Mar) Y/Y -0.6% (Prev. -0.1%)
US President Trump posts "I’m on Air Force One heading to Las Vegas and Arizona for Greetings and Speeches on NO TAX ON TIPS, a WINDFALL for our Great American Citizens"
UK Foreign Office senior official Sir Olly Robbins is leaving his post following the Mandelson vetting row, according to The Guardian's Political Editor Crerar
On the Newsquawk feed at , 20 minutes before this page.
Context
New Zealand's food inflation annual rate has decreased to -0.6% in March from a previous -0.1%, indicating a significant downward trend in food prices. This may signal easing inflationary pressures, which could influence the Reserve Bank of New Zealand's monetary policy considerations, particularly regarding interest rates. Traders should monitor how this shift impacts the NZD and broader risk sentiment in the Forex market.
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