New Zealand Treasury says the economy is in a fragile spot due to the rise in fuel prices
The New Zealand Treasury's assessment of the economy being in a "fragile spot" due to rising fuel prices signals potential concerns about inflation and broader economic stability.
PBoC is expected to set USD/CNY mid-point at 6.8347 (prev. 6.8589)
[MARKET UPDATE] ASX 200 and KOSPI softer by 0.3%, Japan closed for Showa Day holiday; US equity futures continue to bid higher, NQ outperforming (+0.3%); Spot XAU regains USD 4600/oz handle
New Zealand Treasury says the economy is in a fragile spot due to the rise in fuel prices
US President Trump is to nominate McMaster for the Treasury Financial Markets position
The Israeli army carries out a massive bombing operation east of Gaza City
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This could have implications for monetary policy and investor sentiment, possibly favoring safe-haven currencies and assets. Traders should monitor how this evolving narrative impacts the NZD and regional risk appetite.
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