Thursday , 21 May 2026

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New Zealand central bank signals rates may rise next year

Bloomberg New Zealand’s central bank projected that its official cash rate may start to rise in the second half of next year, joining Canada in flagging a potential withdrawal of stimulus as economies recover from the pandemic. The kiwi dollar and bond yields surged. The Reserve Bank on Wednesday published OCR forecasts for the first time in more than a …

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US equity futures surge as inflation fears wane

Bloomberg American equity futures rise on Wednesday as more central-bank officials joined the chorus predicting that inflationary pressures are transitory, soothing new concerns raised by the latest US economic data. Contracts on the S&P 500 and Nasdaq 100 signalled stocks could move higher following a drop in US benchmarks overnight after home-sale and consumer confidence data suggested rising prices are …

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Bullish signals suggest China’s stocks rally has further to go

Bloomberg China’s stocks burst out of a tight trading range this week, and that may just be the start given the bullish signs for the market that have been forming under the hood. The country’s equity benchmark closed little changed with materials and financial shares being the best performers. The move came after the CSI 300 Index jumped 3.2%, the …

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