Japan's CSPI, or services PPI +2.9% y/y in August
- expected +3.2%, prior +3.2%
For the m/m +0.3%
- prior -0.2%
Japan's CSPI, or services PPI +2.9% y/y in August
For the m/m +0.3%
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investingLive Asia-Pacific FX news wrap: NZD/USD lower on a dovish RBNZ
Japan pledges $36B for US energy & industrial projects. Trump hails deal, boosting US growth prospects.
RBNZ sees inflation falling toward target as recovery slowly builds, stays dovish
A firmer US front end keeps USD/INR supported on dips, but RBI offers near 90.70–90.80 continue to suppress breakouts. Near-term price action still favours range trading.
Japan outlines US investment projects, including $33bn gas power for data centres Japan’s trade minister Akazawa said three US investment projects
RBNZ’s Breman flags possible year-end hike, but says policy stays accommodative Year-end hike language may cap the dovish repricing, but Breman’s “not planning to hike yet” framing
Recap - RBNZ holds at 2.25% but brings forward implied timing of first rate hike very slgihtly
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