New Zealand Performance of Services Index for June 2024 A Disappointing Trend Continues The latest report on the Performance of Services Index (PSI) in New Zealand for June 2024 is out, and unfortunately, it’s not good news. According to BusiznessNZ, the index fell to 40.2, which is even lower than the already dismal May report….
Welcome to the World of Chinese Monetary Policy Understanding the Medium-term Lending Facility Rate If you’ve been keeping an eye on the financial news lately, you may have heard about the People’s Bank of China’s Medium-term Lending Facility (MLF) rate. This rate, which is set on the 15th of each month, currently stands at 2.5%….
The Dangers of Easy Access to Military-style Weapons in the US The attempted assassination of former US president Donald Trump The attempted assassination of former US president Donald Trump with a semi-automatic rifle illustrates once again how easy it is for shooters in the US to get their hands on inexpensive, easy-to-use, military-style weapons. This…
The Possibility of a 2024 RBNZ Interest Rate Decrease is Increasing Introduction Recently, Westpac provided their outlook for the Reserve Bank of New Zealand (RBNZ), suggesting that there is an increasing possibility of an interest rate decrease in 2024. This comes after the RBNZ’s July OCR Review, which was less hawkish compared to May. The…
Start Your Week Right: A Guide to Monday Morning Forex Trading – Indicative Price Levels and USD Strength Description: A little bit of movement in forex markets in the VERY early morning here – it’s only just after 8 am in New Zealand. The movement is in response to the weekend news of a man…
Expert Q&A: Assassination Attempt on Trump Could Fuel FBI’s Biggest Fear: Terrorism The Attempted Assassination As news of the attempted assassination of former president Donald Trump at a campaign event spreads, the FBI is now investigating the motives behind this shocking act of violence. The suspect, 20-year-old Thomas Matthew Crooks, has raised many questions about…
Remember when everyone went ape for Dogwifhat Coin (WIF)? Now, experts are saying it’s all bark and no bite. Similarly, WhiteBIT Coin (WBT) has faced criticism for its platform’s issues. Investing in crypto can be exciting, but with so much volatility, it’s natural to wonder if there’s a more stable option out there. As the…
Bitcoin Surges Post-Trump Attack: XRP Heading to $20? Don’t Miss Furrever Token’s Presale Ending! Cryptocurrency Market Update Bitcoin has recently surged above $60,000 in the wake of the recent incident involving former US President Donald Trump. This unexpected rise in Bitcoin’s value has sparked excitement and optimism in the cryptocurrency market, with many traders and…
