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The Reserve Bank of New Zealand stated that this decision reduces the risk of needing to further raise the Official Cash Rate (OCR) in the future. Future policy decisions will depend on the Committee's assessment of the balance of risks to inflation

2026-09-02

The Reserve Bank of New Zealand stated that this decision reduces the risk of needing to further raise the Official Cash Rate (OCR) in the future. Future policy decisions will depend on the Committee's assessment of the balance of risks to inflation over the medium term.

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2026-09-01

U.S. Treasury Secretary Bessenter: The Strait of Hormuz will become "worthless waters".

U.S. Treasury Secretary Bessenter: The Strait of Hormuz will become "worthless waters".
2026-09-02

Kpler preliminary shipping data showed four bulk cargo vessels transited the Strait of Hormuz on Tuesday, down from 10 the previous day and below the 10-day average of about 13. The four comprised one VLCC, one Panamax tanker, one Kamsarmax bulk carr

Kpler preliminary shipping data showed four bulk cargo vessels transited the Strait of Hormuz on Tuesday, down from 10 the previous day and below the 10-day average of about 13. The four comprised one VLCC, one Panamax tanker, one Kamsarmax bulk carrier and one medium tanker; one was inbound and three were outbound. Kpler warned numbers may change as some vessels switch off transponders. Separately, 18 vessels transited the Bab al-Mandeb on Tuesday — seven inbound, 11 outbound — versus a 10-day average of about 24; transits included two Aframax and one Suezmax tanker.
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