New Zealand Manufacturing Sales increased to 1.1% in 3Q from previous -2.9%

Dec 10, 2025

FOMC Summary: A split cut and a clear shift toward caution

The Federal Reserve (Fed) went ahead with a 25 basis points rate cut, taking the target range to 3.50–3.75%. But the tone around the decision mattered just as much as the move.

Canadian Dollar makes fresh headway following another Fed rate cut

The Canadian Dollar (CAD) found fresh 11-week highs against the US Dollar (USD) on Wednesday. The Bank of Canada (BoC) held interest rates steady, while the Federal Reserve (Fed) delivered its third straight interest rate cut, propping up the Loonie and sending the Greenback lower.