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Kiwi gains ground after positive jobs data
Kiwi gains ground after positive jobs data
Aug 6, 2025
The New Zealand dollar strengthened against most major currencies during Wednesday trading following the release of upbeat employment data. Government figures showed that the employment change index in New Zealand declined by 0.1% in the second quarter, in line with expectations. The data also revealed that the unemployment rate in New Zealand rose to 5.2% in Q2, up from 5.1%...
Sterling hits a week high before BOE decision
Sterling hits a week high before BOE decision
Aug 7, 2025
The British pound rose in European trading on Thursday against a basket of global currencies, extending gains for the fifth consecutive day against the US dollar and reaching its highest level in a week, supported by weakness in the US currency in the forex market. This rise comes ahead of the Bank of Englands monetary policy decision at the conclusion...
Kiwi extends gains after data
Kiwi extends gains after data
Aug 7, 2025
The New Zealand dollar rose on Thursday against most major currencies following the release of economic data. Government data published earlier today showed that New Zealands quarterly inflation expectations for Q3 2025 came in at 2.28%, slightly down from the previous reading of 2.29%. As of 21:00 GMT, the New Zealand dollar climbed 0.5% against the US dollar to trade...
Yen moves in a negative zone after remarks by Japanese leaders
Yen moves in a negative zone after remarks by Japanese leaders
Aug 7, 2025
The Japanese yen declined in Asian markets on Thursday against a basket of major and minor currencies, retreating from its two-week high against the US dollar amid active profit-taking and corrective movements. The drop followed less hawkish comments from Japanese political leaders, which reduced expectations of a rate hike by the Bank of Japan in September. Meanwhile, the yield on...
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Wall St Week Ahead-Tech sell-off jolts investors as jobs data looms
Wall St Week Ahead-Tech sell-off jolts investors as jobs data looms
Feb 2, 2025
NEW YORK, Jan 31 (Reuters) - U.S. investors rattled by this week's sharp tech sell-off will closely watch upcoming jobs data for signs of continued economic resilience, which could fuel inflationary concerns already stoked by President Donald Trump's policies. The January nonfarm payrolls report due next week will signal whether the labor market remains buoyant despite high borrowing costs. The...
Wall Street girds for market impact of Trump tariffs
Wall Street girds for market impact of Trump tariffs
Feb 2, 2025
NEW YORK (Reuters) -Global markets buckled up for a turbulent session on Monday after U.S. President Donald Trump launched a trade war with sweeping tariffs on Canada, Mexico and China that threaten to undermine economic growth and reignite inflation. U.S. stock futures slumped in early Asian hours, with Nasdaq futures down 2.35% and S&P 500 futures 1.8% lower. Canadian Prime...
Japanese shares tumble as US tariffs cloud global economic outlook; automakers skid
Japanese shares tumble as US tariffs cloud global economic outlook; automakers skid
Feb 2, 2025
(Updates with comments) TOKYO, Feb 3 (Reuters) - Japanese shares fell 2% on Monday, led by automakers, as worries grew about the global economy after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China. The Nikkei had declined 2.1% to 38,757.43 by 0127 GMT, while the broader Topix was down 1.9% to 2,736.08. The White House said on...
Japan's Nikkei logs worst day in 4 months on US tariff worries; automakers slump
Japan's Nikkei logs worst day in 4 months on US tariff worries; automakers slump
Feb 2, 2025
(Updates with closing prices) TOKYO, Feb 3 (Reuters) - Japan's Nikkei fell more than 2% on Monday in its worst session in four months as concerns over the global economy mounted after U.S. President Donald Trump levied tariffs on Canada, Mexico and China, with automakers leading the decline. The Nikkei slipped 2.66% to 38,520.09, its lowest close since Jan. 17....
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