Breaking over the wires, Trump's pick for SCOTUS
Trump picks Brett Kavanaugh
- Federal Appeals Court judge
NBC with the report
Kavanaugh is known for his strong support for the rights of invisible beer cans
Trump picks Brett Kavanaugh
NBC with the report
Kavanaugh is known for his strong support for the rights of invisible beer cans
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New Zealand data - ANZ commodity index rises as wool, aluminium lead year-on-year gains NZD index slips even as world commodity prices push higher
PBOC sets USD/ CNY reference rate for today at 6.8066 (vs. estimate at 6.7850) PBOC CNY reference rate setting for the trading session ahead.
Burry shorts NVDA, MU, TSLA, citing AI bubble risks. High valuations meet contrarian bets.
SK Hynix eyes $29B US IPO, targeting AI investors. Fee rate at 0.5%. Memory trade poised for shift.
VA loans hit 7.7% of mortgages, a decade high. Entitlement boosts borrowing power, but awareness lags.
Goldman Sachs said gold's four-month decline does not derail its long-term bull case, still targeting $4,900/oz by end-2026 on central bank buying, even as JPMorgan sees $6,000 and BofA trims its own forecast to $4,800.
NZIER's Monetary Policy Shadow Board narrowly favours holding the OCR at 2.25% in July, but calls it a line-ball decision against a 25bp hike, with members still agreeing rates should reach 3 to 3.25% within a year.
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