Following on from today's RBNZ cut to 2.75%
- Reuters poll has 8 out of 13 economists seeing another cut in October
- 2.5% by year end but held at that level through 2016
NZDUSD 0.6264 still near session lows
NZDUSD 0.6264 still near session lows
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India's 1B+ users & 3.2 hrs/day social media use fuel Meta/Google growth, but addiction fears loom for youth.
Social Security checks rise 2.8% with COLA, averaging $56/month. Payments scheduled Feb 11, 18, 25.
XRP dips 4% but millionaire wallets rise 42! ETFs see $91M inflow, hinting at quiet accumulation despite price weakness.
China issues work plan for accelerating services consumption. Says to strengthen fiscal and financial support in order to boost services consumption.
Eurozone December M3 money supply +2.8% vs +3.0% expected; Prior +3.0%
Trump's Iran threats send oil past $69/bbl. Rial plunges to record lows. Traders eye conflict risk.
Copper surges 7.9% to record $14,125/ton on speculative Chinese trading; risks loom as physical buyers balk.
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