New Zealand’s Labour Cost Index rose 0.4% in Q1, slightly below the expected 0.5% increase.
U.S. crude stocks fall sharply; markets steady as traders await major central bank policy decisions this week.
Crude oil stock drops, currencies steady, gold corrects, Bitcoin nears $100K amid global policy shifts.
New Zealand’s unemployment steady at 5.1%; wage growth slows; global trade talks may influence currencies.
Merck shares fall 4.8% amid tariff fears; policy uncertainty pressures pharma stocks and investment outlook.
Pound Sterling rises again, trading near 1.34 as markets await key central bank policy decisions.
China’s He Lifeng to meet US Treasury Secretary Bessent in Switzerland, boosting markets and trade hopes.
US Dollar weakens; EUR, GBP, JPY, AUD gain. Focus shifts to global economic data and commodity prices.
Australian dollar rises amid hopes US-China meeting may ease trade tensions and boost China’s economic outlook.
Canadian Dollar strengthens amid USD weakness, rate cut expectations, weak Canadian data, and potential USMCA renegotiations.
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