New Zealand Federal Reserve President John Hawksby will hold a monetary policy press conference in ten minutes.
The Federal Reserve Bank of New Zealand has unexpectedly sent a strong dovish signal. Will this "canary in the coal mine" put other central banks in the "fast lane" of interest rate cuts again? How will this affect the foreign exchange market?
The Reserve Bank of New Zealand cut its policy rate from 3.50% to 3.25%, marking the sixth consecutive rate cut, in line with market expectations.
The Reserve Bank of New Zealand cut the base rate by 50 basis points to 3.75%, in line with market expectations, for the fourth consecutive meeting rate cuts.
The Reserve Bank of New Zealand will release its interest rate decision and monetary policy statement in ten minutes.
The New Zealand dollar against the US dollar NZD/USD fell by 2.00% during the day and is now trading at 0.5522.
Hon Hai's revenue in 2024 6.86 trillion NT dollars, an increase of 11.37% year-on-year, a record high for the same period in the past year.
Cryptopia, a bankrupt New Zealand crypto exchange, has returned 400 million New Zealand dollars (about $225 million) worth of cryptocurrency to 10,000 verified account holders. Account holders of Bitcoin and Dogecoin have received their first cryptocurrency distributions, according to a public announcement from the liquidators. "Over 400 million NZ dollars have been returned on-chain in the last 48 hours," Cryptopia liquidator Grant Thornton noted.
The New Zealand dollar against the US dollar NZD/USD rose by 1.00% during the day and is now trading at 0.5892.
7:00-12:00 Keywords: Reserve Bank of New Zealand, WalletConnect, Tornado Cash, Vitalik 1. The Reserve Bank of New Zealand cut interest rates by 50 basis points as scheduled; 2. WalletConnect has opened WCT airdrop qualification inquiry; Vitalik donated 320 ETH to the crypto think tank Coin Center. 4. Nasdaq ISE excludes FLEX options trading on bitcoin trust products; 5. Trump has asked the New York Attorney General to drop his civil fraud charges. 6. A US court has ruled that the sanctions again...