HomeBlogAplenty Icon PublicationBNZ forecast a 50bp interest rate cut from Reserve Bank of New Zealand next week

BNZ forecast a 50bp interest rate cut from Reserve Bank of New Zealand next week

by

Oct 1, 2024

Aplenty Icon Publication

I suspect BNZ is spot on with this:

BNZ forecast a 50bp interest rate cut from Reserve Bank of New Zealand next week

NZD/USD has dropped to its low of the session so far, around 0.6335

This article was written by Eamonn Sheridan at www.forexlive.com.

Australian August retail sales +0.7% m/m (expected +0.4%)

Oct 1, 2024

Aplenty Icon Publication

Retail sales in Australia bouncing in August, well above estimates: Retail sales in August +3.1% y/y strongest since May of 2023 Building approvals headline fell further than forecast. The retail sales number is the focus, indicating resilient household spending. This will be an argument against RBA rate cuts any time soon. — This article was...

Previous

Russia Manufacturing Activity Slips In To Contraction

Oct 1, 2024

Aplenty Icon Publication

Next

Further reading

Scientists reveal dopamine and serotonin’s opposing roles in fascinating neuroscience breakthrough

Dec 21, 2024

Aplenty Icon Publication

A recent study from Stanford’s Wu Tsai Neurosciences Institute has shed light on the interplay between two key brain chemicals, dopamine and serotonin, revealing their opposing roles in shaping our decisions and learning processes. Published in Nature, the research demonstrates for the first time that dopamine and serotonin operate as...

Read More

The universe might actually contain 3 time dimensions and only 1 space dimension

Dec 21, 2024

Aplenty Icon Publication

In a groundbreaking exploration of physics, researchers have revealed a way to extend Albert Einstein’s special theory of relativity to accommodate superluminal observers—those moving faster than light. This extension challenges conventional notions of causality and offers a glimpse into a radically different universe. Einstein’s special relativity, established in 1905, unified...

Read More

Fast food consumption is associated with depression

Dec 21, 2024

Aplenty Icon Publication

An analysis of National Health and Nutrition Examination Survey (NHANES) data revealed that each additional fast-food meal per week was associated with a 4% higher likelihood of depression. This association was largely independent of obesity, although obesity did mediate the link to some extent, particularly in individuals with severe obesity....

Read More

Optimized by Optimole