News · investinglive.com

New Zealand card spending falls for second month as food prices hold flat in September

See the full story in the original article.

Read the original on investinglive.com ↗

Related tickers and likely impact

NZD/USD

▼ Likely negative

Relevance: low

MarketCurrencies
Close on 10/15/20260.56215
Change that session+0.52%
NZD/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Will the Fed Raise Rates This Month? Here's What Markets Say.

    The latest CPI report showed September inflation came in hotter than expected: headline CPI rose 3.7% year over year and 0.6% from August, while core CPI rose 2.6% year over year and 0.3% monthly. This suggests the Fed could hike for a second straight time at its Oct. 27-28 meeting. However, futures traders price an 85.1% chance the Fed holds its rate at 3.75% to 4% in October and a 74.1% chance it resumes hiking in early December. The two-year Treasury yield has eased to 4.73% from 4.93% in September, signaling lower expectations for hikes, though it remains above the current rate. The author notes that stocks tend to perform better when the Fed moves slowly, and sees new Fed Chair Kevin Warsh, in the role since May, as an incrementalist.

    Yahoo Finance·▲ DXY▼ PAXG/USDT▼ XAUT/USDT▼ XAU/USDFedinterest ratesgold
  • China economy accelerated in the July - September quarter on robust exportsrockymounttelegram.com·▲ AUD/USD▲ NZD/USD▲ VNINDEXChinaGDP growthexports
  • New Zealand services sector extends growth to 4 months : survey - Xinhua

    New Zealand's services sector kept expanding in September for a fourth straight month, though growth remained weak amid cost pressures and election uncertainty. The BNZ-BusinessNZ Performance of Services Index edged down to 50.9 from 51 in August, still above the 50-point line separating expansion from contraction. Businesses remain cautious ahead of the Nov. 7 general election, citing fuel prices, interest rates and cost-of-living pressures. New orders and inventories were the strongest sub-indices, while employment and supplier deliveries were weak, highlighting a narrow recovery. BNZ Senior Economist Doug Steel said the expansion was notable after two years of contraction, but it lagged well behind manufacturing.

    english.news.cn·▲ NZD/USDNew ZealandPMIelections
  • China economy picks up pace at 4 . 5 % growth – The Irish Times

    China's economy grew 4.5% year on year in the third quarter, faster than the 4.3% in the second quarter and the 4.4% median forecast, lifting growth for the first nine months to 4.6%, within the 4.5%-5% annual target. ANZ's Xing Zhaopeng said bigger fiscal spending helped investment and retail sales, but the recovery remains unsolid and carries downside risk into 2027. Stronger data may give policymakers room to hold off on more easing, though property investment fell 20.6% in the first nine months and domestic demand is still soft. Exports are propping up growth, and the trade surplus is on track to exceed last year's $1.2 trillion record, drawing pressure from trade partners who want a stronger yuan, which the IMF sees as undervalued by a midpoint of 21.3%.

    irishtimes.com·▲ AUD/USD▲ NZD/USD▲ VNINDEXChinaGDP growthexports
  • First Solar Climbs 4% as Truist Buy Call and December Tariff Floor Reset Panel Pricing Outlook; Enphase Energy and Sunrun Hold Flat

    First Solar (FSLR) rose 4% to $186.21 after Truist Securities upgraded the stock to Buy from Hold and raised its price target to $270, citing a stronger pricing outlook into the 2030s. The rally follows a Section 232 trade decision, effective in early December, that sets a minimum import price plus 44 cents a watt in tariffs on foreign crystalline silicon modules. Analyst Christopher Souther noted that First Solar's backlog already fixes near-term pricing and its U.S. Series 7 capacity is sold out through 2028, so the benefit may show up later in bookings. Enphase Energy (ENPH, $31.42, down 0.2%) and Sunrun (RUN, $7.61, up 0.3%) barely moved, as neither makes the modules affected by the tariff. Skeptics argue the gain is years away and enthusiasm could cool before higher-priced contracts reach reported results.

    Yahoo Finance·
  • AST SpaceMobile Rallies 4% as Next BlueBird Satellites Reach Cape Canaveral; Rocket Lab and Intuitive Machines Hold Flat

    Shares of AST SpaceMobile (ASTS) rose 4% to $52.86 after the company said its next three BlueBird satellites had arrived at Cape Canaveral, Florida, ahead of launch, though the stock is still down 27% year to date. Rocket Lab (RKLB) slipped 0.8% to $67.66 and Intuitive Machines (LUNR) fell 0.5% to $13.13, suggesting the move is company-specific. No launch date has been announced for BlueBirds 14, 15 and 16, which would join 13 satellites already in orbit, against a target of around 45 by early 2027. Berenberg maintained its Buy rating, arguing that SpaceX's agreement to buy a nationwide low-band spectrum portfolio, pending FCC approval, makes AST SpaceMobile more strategically relevant as a satellite partner for carriers. The article flags risks including no launch date, an unapproved spectrum sale and too few satellites for continuous coverage.

    Yahoo Finance·

Related markets

Currencies →

Latest news

  • One of this year's most important relationships in global financial markets is falling apart

    One of the most important relationships in global markets has started to unravel over the past couple of weeks. Investors are scrambling to work out what it could mean for the economy and their portfolios.

    MarketWatch·
  • 2 High-Flying Dividend Stocks to Buy and Hold for a Decade

    The article argues healthcare is rebounding in 2026, with Merck (MRK) shares up 39% and AbbVie (ABBV) up 24% year to date, versus about 12% for the S&P 500. Merck's second-quarter revenue rose 5% to $16.6 billion, beating estimates, with Keytruda sales of $8.4 billion, though Keytruda may lose patent exclusivity by 2028. AbbVie's second-quarter revenue grew 10.2% to nearly $17 billion and adjusted EPS rose 22.9% to $3.65, driven by Skyrizi and Rinvoq sales growing about 24%. AbbVie is on a streak of 54 consecutive annual dividend increases, including its time as part of Abbott Laboratories, qualifying it as a Dividend King. The author concludes both are attractive long-term holdings based on financial results, pipelines, and dividends.

    Yahoo Finance·
  • Nvidia (NVDA) Stock Price Lags Massive Earnings Growth—A Compelling Value Opportunity

    Munro Partners' Munro Global Growth Fund posted a -12.6% net return in Q3 2026, trailing the MAET.ASX return of -13.8%, with long holdings the main detractors. The fund's letter named NVIDIA (NASDAQ:NVDA) its largest contributor, citing strong earnings growth and guidance for at least 70% revenue growth next fiscal year, versus consensus of 45%. Nvidia reported quarterly revenue of USD96.2bn in August, up 106% year on year, and management said growth would have been closer to 100% without supply constraints. As of October 12, 2026, NVDA closed at $214.13, down 4.23% over the past month and up 19.23% over the past year, with a $5.16 trillion market cap and a 52-week range of $164.27 to $243.37. The fund says demand for semiconductors and AI remains strong, creating a constructive setup as capex and political fears are now priced in.

    Yahoo Finance·▲ NVDA
  • Better Artificial Intelligence Stock for 2026: C3.ai vs. SentinelOne

    The article compares C3.ai, which sells enterprise AI applications, with SentinelOne, which provides AI-powered autonomous cybersecurity. In fiscal 2026 (ended April 30), C3.ai's revenue was nearly $250.3 million, down 35.7%, with a net loss of $470.4 million and negative free cash flow of $190.7 million. SentinelOne's fiscal 2026 (ended January 31) revenue reached $1.0 billion, up 21.9%, with a net loss of $450.7 million and free cash flow of about $75.9 million, though stock-based compensation equaled roughly 388.4% of operating cash flow. The article cites C3.ai's restructuring plan from February 2026 and long government sales cycles as risks, and SentinelOne's competition from larger vendors and reliance on Amazon hosting. It says SentinelOne trades at a lower valuation relative to sales, while C3.ai has no future earnings estimates.

    Yahoo Finance·
  • Salazar Resources to Begin Drilling the Yumi Gold-Silver Veins at Tarqui, with Porphyry Drilling Planned at Monja, Ecuador

    Salazar Resources closed a $3,500,000 non-brokered private placement announced on October 8, 2026, and outlined its exploration plan. Phase 1 is about 1,500 metres of drilling in five holes at the Yumi gold-silver veins on its 100%-owned Tarqui project, with drilling expected to begin in late October 2026, and the veins have not previously been drilled. Selective rock-chip samples returned 105 g/t Au and 1,038 g/t Ag, and historical BHP holes intersected porphyry-style mineralization nearby, which the company interprets as lying on the periphery of a porphyry center not yet located. Phase 2 contemplates up to about 3,500 metres of drilling in four holes at the 100%-owned Monja copper-gold porphyry target from the first quarter of 2027, subject to surface access and permits. A soil survey of about 895 samples is also planned at Quimi, part of the Tarqui-Quimi project.

    Yahoo Finance·
  • Musk: AI’s Hard Part Is “Scaling Power”: 3 Stocks Uniquely Suited to Win This New Bottleneck Trade

    Microsoft said it will scale its Maia chips to multi-gigawatt deployments starting next calendar year, and Elon Musk said scaling power is the hard part of AI. The article argues power is an input that chip and app companies cannot copy quickly, which favors Vistra (VST), Constellation Energy (CEG) and GE Vernova (GEV). Vistra has lost nearly a fifth of its value over the past year even though its adjusted EBITDA rose to $5.91 billion, while Constellation's normalized EPS is expected to reach $13.29 in fiscal 2027. GE Vernova's revenue is expected to reach $60.7 billion by fiscal 2028, and Jefferies has a $298 price target on Vistra. The article warns that all three stocks could move with the mood around AI, regardless of their results.

    Yahoo Finance·

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.