Austria UniCredit Bank Manufacturing PMI: 48.4 (May) vs 46.6

May 27, 2025

NZD/USD returns below 0.6000 as the US Dollar bounces up

The New Zealand Dollar failed to break the Year-to-Date high at 0.6030 and is trading lower on Tuesday, weighed by a somewhat stronger US Dollar and market expectations that the RBNZ will ease its monetary policy further on Wednesday.

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May 27, 2025

Fed’s Kashkari: Support stance of maintaining policy rate until more clarity on tariffs

Minneapolis Federal Reserve (Fed) President Neel Kashkari said on Tuesday that he supports the stance to maintain interest rates until there is some clarity on the impact of higher tariffs on inflation.

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