Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
Cancel Confirm
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Confirm
Test
Trading news
Back
28 May 2025

Higher inflation in Australia, everything as expected in New Zealand – Commerzbank

The Australian inflation indicator for April, published this morning, came in at 2.4%, which is slightly higher than expected, Commerzbank's FX analyst Michael Pfister notes.

Aussie inflation ticks higher; Kiwi holds steady after expected cut

"However, it should be noted that it remains within the Australian central bank's target range of 2–3% and only reflects part of the actual price change. Before the central bank makes its next decision in early July, we will see the growth figures for the first quarter, another labour market report, and the inflation figures for May. Accordingly, it is hardly surprising that the Australian dollar has barely reacted to today's figures."

"Meanwhile, as expected, the New Zealand central bank (RBNZ) cut interest rates by another 25 basis points this morning. The RBNZ pointed out that inflation is within the target range and that the real economy is slowly recovering, despite global uncertainties weighing on it. The key interest rate forecast was lowered slightly, suggesting that another rate cut is likely in the coming months."

"However, the RBNZ is now close to its terminal rate. Today, one of the decision-makers voted in favour of keeping interest rates unchanged, which is likely one of the reasons for the positive reaction of the Kiwi. Additionally, the central bank's chief economist emphasised that the key interest rate has now reached its neutral range. We therefore expect the RBNZ to end its cycle of interest rate cuts soon."

May 28, 2025

AUD/USD: Likely to trade in a range of 0.6430/0.6485 – UOB Group

Australian Dollar (AUD) does not appear to have enough momentum to continue to decline vs US Dollar (USD); it is more likely to trade in a range of 0.6430/0.6485.
Read more Previous
May 28, 2025

United States MBA Mortgage Applications up to -1.2% in May 23 from previous -5.1%

United States MBA Mortgage Applications up to -1.2% in May 23 from previous -5.1%
Read more Next