New Zealand Consumer Price Index (YoY) registered at 3.3%, below expectations (3.5%) in 2Q

EUR/USD pauses with ECB rate call around the corner

EUR/USD rotated around 1.0900 on Tuesday as markets grappled with September rate cut hopes getting pinned even further into the high end after US Retail Sales figures eased in June.
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New Zealand CPI inflation drops to 0.4% QoQ in Q2 vs. 0.6% expected

Inflation in New Zealand, as measured by the change in the Consumer Price Index (CPI), drops to 0.4% QoQ in the second quarter (Q2) of 2024 from 0.6% in the previous reading, Statistics New Zealand reported on Wednesday.
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