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About: anakin

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In the fourth quarter, New Zealand’s retail sales rose to 0.9%, exceeding the 0.6% prediction.

New Zealand’s retail sales rose 0.9% in Q4, exceeding forecasts, highlighting strong consumer spending and economic resilience.

Francois Villeroy suggests the ECB might lower its deposit rate to 2% by mid-year.

ECB may cut deposit rate to 2% by summer, following January’s reduction to 2.75%, says Villeroy de Galhau.

Following the German election results, the euro gains traction, buoyed by market optimism.

CDU/CSU secured 28.7%, AfD 19.8%. Coalition talks crucial. Debt brake concerns persist amid rising defence spending.

On 24 February 2025, New Zealand’s Q4 retail sales may influence future Reserve Bank cuts.

New Zealand retail sales may influence Reserve Bank rate cuts, shifting forecasts between two or three reductions.

On Monday morning, expect volatile forex prices due to low market liquidity as Asia opens.

Market liquidity remains low, with minimal FX rate changes. German election results boost the euro slightly.

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