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The Reserve Bank of New Zealand stated that part of the purpose of raising interest rates at this meeting was to avoid unnecessary further easing of financial conditions.

2026-07-08

The Reserve Bank of New Zealand stated that part of the purpose of raising interest rates at this meeting was to avoid unnecessary further easing of financial conditions.

Other News
2026-07-07

MORGAN STANLEY raises ASML PT to €1,830 from €1,660.

MORGAN STANLEY raises ASML PT to €1,830 from €1,660.
2026-07-07

Hong Kong stocks closed lower. The Hang Seng Index fell 0.51% to 23,496.89; the Hang Seng Tech Index declined 0.75% to 4,507.04. Turnover was HKD 319.7bn. Markets opened weak, saw a brief morning bounce and slid in the afternoon. Sector moves: innova

Hong Kong stocks closed lower. The Hang Seng Index fell 0.51% to 23,496.89; the Hang Seng Tech Index declined 0.75% to 4,507.04. Turnover was HKD 319.7bn. Markets opened weak, saw a brief morning bounce and slid in the afternoon. Sector moves: innovative drugs and memory/storage names fell, banks outperformed, tech showed selective strength. Notable movers: Longpan Technology (02465.HK) +8.0%, Nobikan (02635.HK) +7.7%, Zhipu (02513.HK) +5.2%, Meituan (03690.HK) +4.5%, Tencent (00700.HK) +2.0%; Kuaishou (01024.HK) - >12%, GigaDevice (03986.HK) - >12%, Montage Technology (06809.HK) - >10%, Yangtze Optical Fiber & Cable (06869.HK) -7.7%, Kingboard Laminates (01888.HK) and Kingboard Holdings (00148.HK) - >5%.
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