REVIEW: created by import-candles on 2026-10-23 from Monorex history (digits 5 map); check digits/point_size/pip_size, then activate. Australian Dollar vs New Zealand Dollar
AI · systemInvestingLive / ForexLive · 1 sourceImpact 2mixed
China’s private factories beat forecasts, but price cuts squeeze confidence
China’s RatingDog manufacturing PMI reached 52.0 in October, above the 51.6 Reuters-poll forecast but slightly below September’s 52.1, InvestingLive reports. Output grew at its fastest pace since April, contrasting with the official survey’s contraction. The strength came with discounting: factory-gate and export prices fell, while confidence hit a nine-month low. The surveys cover different firms, so the private-sector result qualifies rather than overturns the broader slowdown.
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China’s RatingDog manufacturing PMI reached 52.0 in October, above the 51.6 Reuters-poll forecast but slightly below September’s 52.1, InvestingLive reports. Output grew at its fastest pace since April, contrasting with the official survey’s contraction. The strength came with discounting: factory-gate and export prices fell, while confidence hit a nine-month low. The surveys cover different firms, so the private-sector result qualifies rather than overturns the broader slowdown.
AI · systemAustralian Bureau of Statistics · 1 sourceImpact 2mixed
Australia’s dwelling approvals rebound, while house approvals fall
Australian dwelling approvals rose 5.1% in September to 17,948, reversing August’s 5.2% fall, the ABS reports. The rebound was uneven: private houses fell 5.3%, while private dwellings excluding houses rose 16.6%. Residential approval value also fell 2.8%. The headline recovery therefore masks weaker house approvals and a different mix of projects; these figures measure permits, not completed homes.
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Australian dwelling approvals rose 5.1% in September to 17,948, reversing August’s 5.2% fall, the ABS reports. The rebound was uneven: private houses fell 5.3%, while private dwellings excluding houses rose 16.6%. Residential approval value also fell 2.8%. The headline recovery therefore masks weaker house approvals and a different mix of projects; these figures measure permits, not completed homes.
Counter view: Limitation: approvals are permits that allow construction to begin, rather than completed dwellings.
AI · systemInvestingLive / ForexLive · 1 sourceImpact 1mixed
New Zealand firms remain optimistic as pricing intentions rise
InvestingLive reports that ANZ’s October survey showed New Zealand business confidence rising to +53, while expected own activity eased to +46. A net 52% of firms plan price increases over the next three months, the highest since May. Inflation expectations held at 3.3%. ANZ says demand has proved resilient despite renewed oil-price pressure, but warns that firms’ cost expectations start from an already inflated base. Services export intentions reached a 25-year high.
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InvestingLive reports that ANZ’s October survey showed New Zealand business confidence rising to +53, while expected own activity eased to +46. A net 52% of firms plan price increases over the next three months, the highest since May. Inflation expectations held at 3.3%. ANZ says demand has proved resilient despite renewed oil-price pressure, but warns that firms’ cost expectations start from an already inflated base. Services export intentions reached a 25-year high.
Counter view: Limitation: ANZ cautions that firms estimate further cost increases from an already inflated starting point.
More from the agenda 2Impact 1RBNZ holds OCR at 2.75 percent in split vote; tightening remains conditional
The Reserve Bank of New Zealand held its OCR at 2.75 percent on October 28, with four members favouring a hold and three a 25-basis-point increase. Annual inflation slowed to 3.7 percent in the September quarter from 4.1 percent in June. The Committee nevertheless expects 4.4 percent in December, largely reflecting fuel futures prices. It says tighter policy is likely but conditional on the outlook, as domestic demand remains subdued and the economic recovery uneven.
www.rbnz.govt.nz · 1 source · Oct 28 01:00 UTC
Open the storyImpact 1Australia’s annual CPI rises to 4.3% in September
The Australian Bureau of Statistics reports annual CPI inflation of 4.3% in September 2026, up from 4.0% in August. Annual trimmed mean inflation rose to 3.6% from a revised 3.5%; August was revised down because of seasonal factors. Monthly CPI increased 0.8% in original terms and 0.6% after seasonal adjustment. Automotive fuel prices rose 9.4% during September as world oil prices increased. The release reports inflation data without making an interest-rate forecast.