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Inflation Figures and the Loonie in Focus, with an Eye on Trump
Economic data released through the Asian session this morning was limited to New Zealand wholesale inflation figures for the 2nd quarter, leaving the markets to consider what lies ahead as China and Canada prepare to return to the negotiating table to discuss trade terms with the U.S, ahead of a resumption of trade talks between Japan and the U.S next month. With the mid-terms rapidly approaching, the U.S President will be looking to wrap up trade talks to avoid a material impact on the U.S and global economies and for the U.S equity markets to recover from their recent sell-offs. For the Kiwi Dollar, Producer Input ... (full story)