About: josephine
Recent Posts by josephine
Rightmove House Price Index slips in June, stoking rate-cut bets and weighing on sterling
Rightmove’s June house price index fell 0.6%, signalling cooling market, boosting rate-cut expectations, pressuring GBP, housebuilders.
New Zealand card retail sales growth accelerates in May, reinforcing higher-for-longer RBNZ outlook
New Zealand card retail sales growth quickened to 3.3%, signalling resilient demand and supporting higher-for-longer rates, firmer NZD.
New Zealand card spending rebounds in May, bolstering RBNZ hawkish hold and lifting NZ dollar outlook
New Zealand electronic card sales rose 1.7% in May, boosting NZD outlook and supporting “higher-for-longer” rates.
US-Iran ceasefire and Hormuz reopening pull oil lower as markets price in extra Iranian supply
US-Iran ceasefire ends four-month war; Strait of Hormuz reopens, lifting blockade, sending oil prices sharply lower.
New Zealand services slowdown deepens as PSI slips to 47.5, fuelling RBNZ rate-cut expectations
New Zealand services activity weakened again as PSI fell to 47.5, boosting rate-cut expectations and pressuring NZD.
