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USD Index: The cyclical upswing will top-out around 110 00 – BBH

US economy is in a sweet spot. But how high can the USD go? Elias Haddad, Senior Markets Strategist at BBH, analyzes Greenback’s outlook.

New Zealand Dollar Tipped To Hold Near Current Multi-Year Lows Vs Euro And Pound Say BNZ

US Federal Reserve opens door to rate rises, tapering

US Federal Reserve opens door to rate rises, tapering
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US inflation rises at fastest pace since 2008

US inflation rises at fastest pace since 2008 Issued on: BUSINESS DAILY © France 24 10 min Inflation in the US soared at its fastest pace in over a decade, with consumer prices 4.2% higher than in April 2020. The data spooked investors around the world, contributing to a global market selloff. Christian Lawrence, Senior Markets Strategist at Rabobank New York, says the risk of higher interest rates is hanging over trade. Also in the show - a legal victory for Amazon over an EU bill for €250 million in back taxes. 

Business Scoop » Paul Conway Appointed BNZ Chief Economist

Press Release – BNZ Bank of New Zealand (BNZ) has announced Paul Conway as its new Chief Economist. BNZ Chief Financial Officer, Peter MacGillivray, says, Paul breaks the mould of the traditional bank economist who typically focus on house prices, interest rates, … Bank of New Zealand (BNZ) has announced Paul Conway as its new Chief Economist. BNZ Chief Financial Officer, Peter MacGillivray, says, “Paul breaks the mould of the traditional bank economist who typically focus on house prices, interest rates, and the state of the business cycle. “While these issues are important, Paul’s focus as BNZ’s Chief Economist will be on the potential to improve productivity and wellbeing in New Zealand through digital transformation.

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