RBNZ Q2 Sectoral Factor Model Inflation climbs by 4.8% YoY, Kiwi stays below 0.6200

The Reserve Bank of New Zealand (RBNZ) released its Sectoral Factor Model Inflation gauge for the second quarter of 2022 this Monday.

The gauge accelerated to 4.8% YoY in Q2 2022 vs. 4.6% seen in Q1 (revised sharply higher from 4.2%).

more to come ....

Jul 18, 2022

China has sufficient monetary tools for changes in H2 – Economic Daily

“China's monetary policy has sufficient space and tools to cope with any new challenges in the second half of the year,” the Economic Daily said in it

Steel prices drop on lower output expectations globally and lockdown fears in China

Steel prices have dropped significantly as production expectations have been trimmed significantly to the worse for the first time in two years after