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Federal Reserve's Daly: Productivity improvements should lead to lower inflation, but the key is timing.

2026-06-05

Federal Reserve's Daly: Productivity improvements should lead to lower inflation, but the key is timing.

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2026-06-04

Residential construction in New Zealand dropped to a ten-year low as high mortgage rates and global uncertainty dented demand for new homes and renovations, Statistics New Zealand said. Activity fell 5% in the 12 months to March, the weakest March an

Residential construction in New Zealand dropped to a ten-year low as high mortgage rates and global uncertainty dented demand for new homes and renovations, Statistics New Zealand said. Activity fell 5% in the 12 months to March, the weakest March annual reading since 2016 and about 25% below the 2023 peak. A period of elevated borrowing costs, plus geopolitical concerns and a global energy shock that squeezed household incomes, have reduced buyers confidence; falling prices have left developers reluctant to start new projects and homeowners unwilling to sell and reinvest. An increase in building consents suggests a potential recovery, but the medium‑term outlook remains uncertain.
2026-06-04

U.S. EIA natural gas storage injection for the week to May 29: 95 bcf vs. consensus 101 bcf; prior 92 bcf.

U.S. EIA natural gas storage injection for the week to May 29: 95 bcf vs. consensus 101 bcf; prior 92 bcf.
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