Quiet start to financial markets

It has been a quiet start to the week, with modest changes in asset prices, ahead of the next meeting between US President Joe Biden and US House Speaker Kevin McCarthy on the debt ceiling, notes BNZ Markets. US Treasury yields are slightly higher, weighing on the...

Softer US dollar

22.5.23 There was limited first tier economic data released in the United States on Friday night which saw the market focus on comments by officials from the Federal Reserve and the latest developments surrounding the US debt ceiling negotiations, notes BNZ Markets...