New Zealand's financial system remains resilient but cash-flow pressures in households are growing and buffers are likely to be tested, the Reserve Bank of New Zealand (RBNZ) said on Wednesday, amid the country's highest interest rates in 14 years.
Europe's stock markets and the euro sagged on Thursday as investors waited for another European Central Bank rate rise after the U.S. Federal Reserve signalled that its marathon hiking run may finally have gone far enough.