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Top related persons:
Tina Teng - 2 Klaas - 2 Jane Foley - 2 Satish Ranchhod - 2 Kazuo Ueda - 2 Thomas White - 1 Rae Wee - 1 Shri Navaratnam - 1
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Search resuls for: "Satish Ranchhod"


3 mentions found


☆ Dollar tentative, kiwi jumps as NZ inflation data tempers rate doves
  + stars: | 2023-07-19 | by ( Rae Wee | ) www.reuters.com   time to read: +4 min
[1/2] A New Zealand Dollar note is seen in this picture illustration June 2, 2017. Against a basket of currencies, the U.S. dollar rebounded from a 15-month low hit in the previous session, with its index steadying at 99.943 in early Asia trade. Sterling <GBP=D3> bought $1.3035, ahead of UK inflation data due later on Wednesday. "The stickiness of UK inflation measures has contrasted notably with price measures in both the euro zone and the U.S. which have been moving lower," said Rabobank's head of FX strategy Jane Foley. "While inflation is 'lower', it is not 'low' by any stretch of the imagination.
Persons: Thomas White, Tina Teng, Klaas, Jane Foley, Satish Ranchhod, Kazuo Ueda, Rae Wee, Shri Navaratnam Organizations: REUTERS, New Zealand, U.S ., U.S, CMC Markets, Reuters, Federal Reserve, European Central Bank, ECB, Sterling, Bank of, Reserve Bank of New, Westpac, Australian, Bank of Japan, Thomson Locations: SINGAPORE, Asia, U.S, Bank of England, New Zealand, Reserve Bank of New Zealand
☆ Dollar tentative, kiwi jumps as New Zealand inflation data tempers rate doves
  + stars: | 2023-07-19 | by ( ) www.cnbc.com   time to read: +3 min
English, American and New Zealand currency around a paper map of the world. The dollar held just above an over one-year low on Wednesday as traders assessed the U.S. rate outlook, while the New Zealand dollar spiked briefly after a higher-than-expected inflation reading pushed back prospects of policy easing further out. Sterling bought $1.3035, ahead of U.K. inflation data due later on Wednesday. "The stickiness of U.K. inflation measures has contrasted notably with price measures in both the euro zone and the U.S. which have been moving lower," said Rabobank's head of FX strategy Jane Foley. "While inflation is 'lower', it is not 'low' by any stretch of the imagination.
Persons: Tina Teng, Klaas, Sterling, Jane Foley, Satish Ranchhod, Kazuo Ueda Organizations: New Zealand, U.S ., U.S, CMC Markets, Reuters, Federal Reserve, European Central Bank, ECB, Bank of, Reserve Bank of New, Westpac, Australian, Bank of Japan Locations: Zealand, Asia, U.S, Bank of England, New Zealand, Reserve Bank of New Zealand
☆ Fall in New Zealand confidence raises spectre of deeper recession
  + stars: | 2022-12-21 | by ( Lucy Craymer | ) www.reuters.com   time to read: +2 min
WELLINGTON, Dec 21 (Reuters) - Confidence in New Zealand has slumped in recent weeks, raising concerns the country might be headed toward a deeper recession than most have forecast. The December ANZ Consumer Confidence survey released earlier on Wednesday dropped to its lowest since it began in 2004 and followed on from the Westpac quarterly confidence survey on Monday which also recorded its lowest level since it began in 1988. The ANZ Business Confidence survey also reached a record low. "There can be no doubting the sombre economic mood across the nation at present," Bank of New Zealand Senior Economist Doug Steel said in a note. He said this slowdown was needed to cool inflation pressures but the business confidence survey did not show signs of cost pressures easing.
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