Select Language

NZD: Signs of a resurgence in inflation - Commerzbank

Breaking news

NZD: Signs of a resurgence in inflation - Commerzbank

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
update 2025.07.17 20:03
NZD: Signs of a resurgence in inflation - Commerzbank

update 2025.07.17 20:03

Prices are rising faster again in New Zealand, Commerzbank's FX analyst Volkmar Baur notes.

Market prices in almost three further interest rate cuts

"According to monthly price data, which only covers part of the CPI basket but is a reliable indicator, prices rose significantly faster again in June. The full inflation data for the second quarter will not be published until Monday."

"However, if the trend is confirmed, this could reinforce the impression that the central bank may have reached the end of its interest rate cycle, even though it struck a very dovish tone following its meeting last week."

"The market continues to price in almost three further interest rate cuts by the middle of next year. However, I would be much more cautious and continue to expect only one further cut at most. But the NZD is likely to benefit little from this tighter monetary policy, as economic momentum remains weak."


Date

Created

 : 2025.07.17

Update

Last updated

 : 2025.07.17

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

Donald Trump lands in Alaska ahead of Putin meeting

United States (US) President Donald Trump has landed in Alaska, as he gears up for his sit-down meeting with Russian President Vladimir Putin to negotiate a peace deal between Russia and Ukraine. Ukrainian President Volodimir Zelenskiy is not in attendance.
New
update2025.08.16 04:09

EUR/USD gains after mixed US data, focus shifts to Trump-Putin meeting

EUR/USD reverses its course, climbs on Friday, ignoring solid US Retail Sales data due to market participants still pricing in a Federal Reserve (Fed) rate cut in September. The pair trades at 1.1702, up 0.47%.
New
update2025.08.16 03:55

Silver Price Forecast: range-bound near $38.00, eyes on Trump-Putin talks

Silver (XAG/USD) is attempting a mild recovery on Friday after sliding to a four-day low of $37.69. The rebound comes amid some softness in the US Dollar, which is losing traction following mixed US economic data this week.
New
update2025.08.16 03:38

Dow Jones Industrial Average flubs another record high as consumer sentiment sours

The Dow Jones Industrial Average (DJIA) surged to record highs early on Friday, touching chart territory north of 45,250 for the first time ever.
New
update2025.08.16 02:58

Gold steadies ahead of Trump-Putin summit as US Dollar slips

Gold price (XAU/USD) holds firm during the North American session as market participants await the outcome of the meeting between US President Donald Trump and his counterpart, Russian President Vladimir Putin.
New
update2025.08.16 02:16

USD/JPY slides toward 147.00 as Japan GDP beats forecasts, US data disappoints

The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Friday, with USD/JPY extending its intraday decline during the American session, supported by stronger domestic growth data and signs of softening momentum in the US economy.
New
update2025.08.16 01:34

USD/CHF weakens as US data disappoints, Swiss GDP slows on tariff drag

The Swiss Franc (CHF) gains ground against the US Dollar (USD) on Friday, with the USD/CHF pair easing toward the key 0.8050 level during the American session, as the latest round of US economic data reveals growing cracks in domestic demand, keeping the Greenback under pressure.
New
update2025.08.16 00:32

AUD/USD firms as DXY slips despite solid US Retail Sales

AUD/USD advances earlier during the North American session as the Greenback trims some of its gains achieved post-hot PPI figures, even though Retail Sales hint that the US economy is solid. The pair trades at 0.6519 after bouncing off daily lows of 0.6488.
New
update2025.08.16 00:14

GBP/USD edges higher as mixed US data weighs on Greenback

The British Pound (GBP) gains traction against the US Dollar (USD)on Friday as the Greenback came under pressure following mixed US economic data, with GBP/USD paring most of Thursday's losses. At the time of writing, the pair is trading near 1.1356 during the American trading hours.
New
update2025.08.15 23:09

US Industrial Production contracts by 0.1% in July

Industrial Production in the United States (US) contracted by 0.1% on a monthly basis in July, the data published by the Federal Reserve (Fed) showed on Friday. This reading followed the 0.4% increase recorded in June and came in worse than the market expectation for a no change.
New
update2025.08.15 22:21

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel