Surprisingly, the RBNZ’s July OCR Review was markedly less hawkish than the May Statement. The RBNZ’s growth forecasts seem to have been significantly downgraded from their May view. The RBNZ crucially seems more confident that annual inflation will be below 3% quite soon, giving them more latitude to reduce policy restriction. The recent QSBO survey […]
Market picture The crypto market has corrected 0.46% in the last 24 hours, fluctuating within a narrow range without a clear direction. Bitcoin is down 1% but up 3.7% over seven days, Ethereum is flat for the day but up 10.6% over the week. The top coins are mixed with BNB +2% and Solana -2.5%. […]
The post Crypto Market Growth Halted Amid Capital Inflows appeared first on Action Forex.
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