New Zealand’s retail sales rose 1.4% in Q4, reversing a 0.8% decline, indicating improving consumer spending.
Escriva urges caution, cites “extraordinary uncertainty,” and emphasizes a flexible approach to monetary policy amid weak demand.
CDU/CSU won 28.5%, AfD 20%, and SPD 16.5%. EUR/USD rose 0.18% to 1.0480.
Elon Musk used X and his AI, Grok, to satirize government standards, highlighting inefficiencies and minimal accountability.
Austan Goolsbee discussed inflation expectations, noting recent data suggests a 30-year high in consumer outlook.
US futures decline again as market levels fail; sentiment drops, home sales fall, and tariff concerns rise.
Iraqi Kurdistan and Iraq agreed to restart crude exports, pending final inspections of the Iraq-Turkey pipeline.
Nasdaq 100 fell over 2%, reversing gains. Market volatility may rise with upcoming economic data and technical weakness.
New Zealand’s retail sales rose 0.9% in Q4 2024, but the central bank’s rate cuts remain expected.
New Zealand’s retail sales rose 0.9% in Q4, supporting the NZD, which reacts to economic conditions.
