The banks in China today recorded an increase of 1.22 trillion yuan ($181 billion) in new loans for the month of September, the release was above analysts’ estimations as it capped a 9 month lending spree in spite of the rising fears surrounding the risks from the country’s growing debt.…
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The banks in China today recorded an increase of 1.22 trillion yuan ($181 billion) in new loans for the month of September, the release was above analysts’ estimations as it capped a 9 month lending spree in spite of the rising fears surrounding the risks from the country’s growing debt.…
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The Central Bank Assistant Governor John McDermott expressed on Tuesday that the New Zealand inflation rate is expected to rally in the fourth quarter, back to the lower end of the Reserve Bank of New Zealand’s targeted objective.
“In New Zealand, tradable inflation, which accounts for almost half of the CPI regimen, has been negative for the past four years,” McDermott said in prepared remarks at the Bay of Plenty Employers and Manufacturers Association in Rotorua on Tuesday.…
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The Central Bank Assistant Governor John McDermott expressed on Tuesday that the New Zealand inflation rate is expected to rally in the fourth quarter, back to the lower end of the Reserve Bank of New Zealand’s targeted objective.
“In New Zealand, tradable inflation, which accounts for almost half of the CPI regimen, has been negative for the past four years,” McDermott said in prepared remarks at the Bay of Plenty Employers and Manufacturers Association in Rotorua on Tuesday.…
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According to Westpac’s most recent report, the New Zealand Consumer confidence gained in the third quarter. The Westpac-McDermott Miller consumer confidence index after dropping by 3.9 points to 106.0 in the previous quarter climbed to 108.0 in the third quarter. The index which is released every quarter has been on an apparent downward spiral in the last two years, this showed an underlying weakness in the New Zealand economy.…
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According to Westpac’s most recent report, the New Zealand Consumer confidence gained in the third quarter. The Westpac-McDermott Miller consumer confidence index after dropping by 3.9 points to 106.0 in the previous quarter climbed to 108.0 in the third quarter. The index which is released every quarter has been on an apparent downward spiral in the last two years, this showed an underlying weakness in the New Zealand economy.…
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The latest report coming from the Global Dairy Trade (GDT), the seventh auction of 2016/2017, posted another strong increase of 7.7% after the previous 12.7% growth reported at the previous auction, as whole milk powder mounted a subtle climb of 3.7% on the trail of its previous 12.9% growth.…
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The latest report coming from the Global Dairy Trade (GDT), the seventh auction of 2016/2017, posted another strong increase of 7.7% after the previous 12.7% growth reported at the previous auction, as whole milk powder mounted a subtle climb of 3.7% on the trail of its previous 12.9% growth.…
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- Fourth consecutive fall for the release
Australian new home sales have posted fresh lows for the month of July as it fell for the third time in four months signalling a persisting downtrend in the economically vital housing sector. The Housing Industry yesterday reported in its monthly survey of large-volume builders that new home sales fell to a seasonally adjusted 9.7% in July, completely offsetting a previous soar of 8.2% in the month of June.…
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- Fourth consecutive fall for the release
Australian new home sales have posted fresh lows for the month of July as it fell for the third time in four months signalling a persisting downtrend in the economically vital housing sector. The Housing Industry yesterday reported in its monthly survey of large-volume builders that new home sales fell to a seasonally adjusted 9.7% in July, completely offsetting a previous soar of 8.2% in the month of June.…
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The New Zealand unadjusted monthly trade deficit posted figures marginally wider than the consensus estimations for July as it came in at NZD 433 million. With the exception of a one-off import valued at NZD 258 million which stimulated values of import, the New Zealand Trade Deficit sits at NZD 175 million for July.…
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The New Zealand unadjusted monthly trade deficit posted figures marginally wider than the consensus estimations for July as it came in at NZD 433 million. With the exception of a one-off import valued at NZD 258 million which stimulated values of import, the New Zealand Trade Deficit sits at NZD 175 million for July.…
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Data released for new US single-family home sales surprisingly soared in July, as it reached its highest level in almost 9 years surrounded by a very healthy demand, this was a major uptick for the housing market outlook as it also promoted the idea that there will be an upswing in economic growth in the third quarter.…
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Data released for new US single-family home sales surprisingly soared in July, as it reached its highest level in almost 9 years surrounded by a very healthy demand, this was a major uptick for the housing market outlook as it also promoted the idea that there will be an upswing in economic growth in the third quarter.…
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- China enters liquidity trap
- Major slump in Chinese TSF
Data released has shown that Chinese banks raised their new yuan loans by 463.6 billion yuan ($69.78 billion) in July, the banks did not just slump significantly from the previous month but they also missed analysts forecast, with a slowdown in bank lending widely forecasted.…
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- China enters liquidity trap
- Major slump in Chinese TSF
Data released has shown that Chinese banks raised their new yuan loans by 463.6 billion yuan ($69.78 billion) in July, the banks did not just slump significantly from the previous month but they also missed analysts forecast, with a slowdown in bank lending widely forecasted.…
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The Reserve Bank of New Zealand (RBNZ) slash rates yesterday by 0.25% to 2% in a bid to curb uncertainties arising from global growth. This is the sixth time the RBNZ have cut rates in the last 14 months. Showing that there will be some significant need for further easing, the RBNZ Governor, Graeme Wheeler said “Global growth is below trend despite being supported by unprecedented levels of monetary stimulus, significant surplus capacity remains across many economies and, along with low commodity prices, is suppressing global inflation. …
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The Reserve Bank of New Zealand (RBNZ) slash rates yesterday by 0.25% to 2% in a bid to curb uncertainties arising from global growth. This is the sixth time the RBNZ have cut rates in the last 14 months. Showing that there will be some significant need for further easing, the RBNZ Governor, Graeme Wheeler said “Global growth is below trend despite being supported by unprecedented levels of monetary stimulus, significant surplus capacity remains across many economies and, along with low commodity prices, is suppressing global inflation. …
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- This week holds a higher chance of a 25bp cut
As this week’s RBNZ Monetary Policy Statement draws closer. With the focus shifting to fiscal policy and global monetary policy having a long way to go, pressure will be mounted on some of the world’s major central banks to drive monetary policy further into the red.…
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- This week holds a higher chance of a 25bp cut
As this week’s RBNZ Monetary Policy Statement draws closer. With the focus shifting to fiscal policy and global monetary policy having a long way to go, pressure will be mounted on some of the world’s major central banks to drive monetary policy further into the red.…
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