ECB's Dolenc: Inflation risks are balanced, growth is on a solid path

investingLive Asia-Pacific FX news wrap: Oil jumps, dollar bid, RBNZ first hike in 3 years

RBNZ Governor Breman says inflation may have already peaked

Iran vows a crushing response and claims only its own route through Hormuz is safe for tankers, after CENTCOM says US forces struck over 80 Iranian targets including 60-plus IRGC boats.

NZD has jumped after the RBNZ rate hike and indication that further rate risers are ahead

Fiat's $14k Topolino EV hits US! Low entry price, but will it drive returns or face market risks?

RBNZ raises OCR 25bp to 2.50% as falling oil prices ease near-term inflation, but warns effects of the Middle East shock will linger and further hikes remain likely, with inflation seen peaking at 3.9% in June before returning to target in mid-2027

Rivian's stock plunges 18% on a 75M share sale, raising $1.5B for R2, overshadowing revenue.