Live Updates

    16 May 2025
    The Trump administration is divided over the timing for blacklisting Chinese chipmakers due to trade negotiations

    Trump administration plans to blacklist Chinese chipmakers, raising concerns about impact on delicate trade negotiations.

    16 May 2025
    In April, New Zealand’s Business NZ PMI increased from 53.2 to 53.9

    New Zealand’s PMI rises; currencies fluctuate amid economic shifts; gold, crypto, and UK growth draw market focus.

    16 May 2025
    April’s PMI for New Zealand’s manufacturing sector rose to 53.9, indicating ongoing growth and recovery

    New Zealand’s manufacturing PMI rose to 53.9 in April, marking continued recovery and sustained expansion trends.

    16 May 2025
    A series of investment agreements in AI and energy with the UAE were announced by the White House

    Trump administration touts $200B in UAE deals, but details remain vague; includes AI, aerospace, and aluminium projects.

    16 May 2025
    Australia’s Trade Minister expresses reluctance to join the US in a trade conflict with China

    Australia prioritizes its economic ties with China over a US-led trade stance, says Minister Farrell.

    16 May 2025
    Following weak US data, geopolitical tensions, and declining yields, gold prices surged significantly upwards

    Gold surged to $3,228 after weak US data, falling yields, and geopolitical tensions boosted safe-haven demand.

    16 May 2025
    The U.S. Deputy Treasury Secretary expressed confidence that inflation will moderate and the economy will grow

    U.S. officials express confidence in stable inflation and economic acceleration, with debt concerns delayed until August.

    16 May 2025
    Amid cautious investor sentiment, the NZD/USD trades near 0.5900, influenced by weak NZ fundamentals

    NZD/USD faces downside pressure amid weak US data, Powell’s support for USD, and cautious sentiment.

    16 May 2025
    Jamie Dimon warns that recession risks persist due to inflation, deficits, and potential interest rate hikes

    Jamie Dimon warns of recession risks amid inflation, deficits, and uncertainty; JPMorgan sees probability below 50%.

    16 May 2025
    Following an impressive quarterly result, Walmart’s stock rebounded after an earlier five per cent drop

    Walmart stock rebounds after beating estimates, driven by strong eCommerce and international advertising growth.

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