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Weekly Market Recap (18-22 September)

Monday:The New Zealand Services PMI fell further into contraction:47.1 vs. 48.0 prior.BNZ Senior Economist Doug Steel commented:“The latest PCI readings suggest any bounce through the Q2 GDP figures will be short lived and are consistent with economic contraction returning. In this sense, the PMI and PSI results are more consistent with the RBNZ forecast of a return to recession than the Treasury’s latest forecasts of moderate growth ahead”.ECB’s Kazimir (hawk – voter) mainta...
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Posted: Sep 22 2023, 15:40
Author Name: forexlive
Views: 091039