Eamonn Sheridan

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Switzerland Flag CBD
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Switzerland heads to Washington to seal tariff-cutting deal

  • Switzerland is closing in on a deal to secure 15% U.S. tariffs on its exports, with top ministers in Washington for final negotiations.
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EU CHINA
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FT says EU to accelerate limitations on incoming cheap Chinese parcels

  • Financial Times report
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food inflation
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Full SNAP benefits to restart within 24 hours once shutdown ends, USDA says

  • A swift restoration of SNAP benefits should ease pressure on food banks and stabilise household spending at the margin, but highlights how politically sensitive programs can become operational flashpoints during prolonged shutdowns.
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Oil inventory data
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Oil - private survey of inventory shows a headline crude oil build less than expected

  • This is from the privately surveyed oil stock data. A day later this week due to the Tuesday holiday in the US.
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Reserve Bank of New Zealand rbnz 15 August 2025 2
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NZ retail spending inches higher in October as card transactions show modest lift

  • New Zealand retail spending +0.2% m/m in October, signalling cautious but stabilising consumer demand.
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