New Zealand Q2 employment-to-population ratio 70.7%, expected 70.3%, prior 70.40%.

Fed’s Schmid said tighter monetary policy is needed to restore inf to the 2% target.

Moody's upgraded SK Hynix's long-term issuer and senior unsecured ratings to A3 from Baa1 and left the outlook at stable, citing stronger competitiveness in the AI memory market and improvements in profitability and cash generation. This is Moody's first A-range rating for SK Hynix since the company joined SK Group in 2012. S&P and Fitch remain at BBB+; S&P's outlook is positive and Fitch's is stable. Moody's said it expects SK Hynix to sustain high profitability and cash generation over the next 12–18 months and that ample cash buffers have improved the firm's resilience to a semiconductor-cycle downturn.