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EU Trade Commissioner Šefčovič: Respecting the US-EU trade agreement is of paramount importance.

2026-11-04

EU Trade Commissioner Šefčovič: Respecting the US-EU trade agreement is of paramount importance.

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2026-11-04

New Zealand unemployment rose to 5.7% in Q3 from 5.6% in Q2, versus economists’ expectation of 5.5%. Part-time employment increased by 15,000 while full-time employment fell by 17,000; labor underutilization held at 13.8% and the employment rate slip

New Zealand unemployment rose to 5.7% in Q3 from 5.6% in Q2, versus economists’ expectation of 5.5%. Part-time employment increased by 15,000 while full-time employment fell by 17,000; labor underutilization held at 13.8% and the employment rate slipped to 66.4% from 66.7%. Released Wednesday ahead of Saturday’s closely contested election, the data runs counter to market expectations and supports the RBNZ’s recent caution on further hikes. The RBNZ MPC voted 4-3 to hold the OCR at 2.75% days earlier, though Governor Anna Breman signaled the possibility of additional rate increases; money markets had Largely priced in further tightening.
2026-11-04

SEFCOVIC, EU trade commissioner, said respect for the US-EU trade agreement is crucial.

SEFCOVIC, EU trade commissioner, said respect for the US-EU trade agreement is crucial.
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