Consumer prices rose by 0.5% in the December quarter, leaving them up 4.7% over the past year. The December result was in line with our forecast, but below the RBNZ’s expectation. Consumers Price Index, December quarter 2023 Quarterly change: +0.5% Westpac forecast: +0.5%, RBNZ (Nov MPS): +0.8% Market median: +0.5%, range +0.3% to. +0.8% Annual […]
Jan 31, 2024
NASDAQ Falls by 1.5% after Tech Giants Reports
NASDAQ E-Mini futures fell 1.5% in early trading after the publication of quarterly earnings reports from technology giants Google (GOOG), Microsoft (MSFT) and Advanced Micro Devices (AMD): → The parent company of Google, Alphabet Inc., reported revenue of 86.3 billion dollars (forecast = 85.2), however, the slowdown in advertising revenue – the most important article […]
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