New Zealand Business NZ PMI: 42.5 (October) vs previous 45.3

Nov 9, 2023

WTI remains stuck on the low end as US Crude Oil production hits all-time high

West Texas Intermediate (WTI) Crude Oil continues to get pushed into recent lows as barrel bids struggle to find the floor on bearish price pressures.

NZD/JPY clears daily gains as bullish momentum wanes

The NZD/JPY failed to hold its momentum, which took the cross to a multi-week high of around 89.865 and then closed at around 89.200.