Tag Archives: year-over-year

AUD/NZD slips near 1.1500 as New Zealand’s Trade Deficit YoY narrows in October

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The post AUD/NZD slips near 1. 1500 as New Zealand’s Trade Deficit YoY narrows com. AUD/NZD loses ground for the second successive session, trading around 1. 1520 during the Asian hours on Friday. The currency cross depreciates as the New Zealand Dollar (NZD) receives support after the release of New Zealand’s Trade Balance data, which indicated that the Trade Deficit narrowed to NZD 2. 28 billion year-over-year in October from NZD 2. 39 billion. Exports rose 16% to NZD 6. 5 billion, while Imports rose 11% to NZD 8. 0 billion. However, the downside of the AUD/NZD cross could be restrained as the New Zealand Dollar (NZD) could face challenges due to the prevailing sentiment that the Reserve Bank of New Zealand (RBNZ) will deliver a rate cut next week. After a surprise cut by 50 basis points (bps) last month, the New Zealand central bank is expected to reduce its Official Cash Rate (OCR) by 25 bps to 2. 25% at its November meeting next week. The Australian Dollar (AUD) receives support as Australia’s preliminary S&P Global Manufacturing Purchasing Managers Index (PMI) climbed to 51. 6 in November, from 49. 7 prior. Meanwhile, Services PMI rose to 52. 7 in November from the previous reading of 52. 5, while the Composite PMI increased to 52. 6 in November versus 52. 1 prior. The AUD also finds support as expectations grow for a cautious stance from the Reserve Bank of Australia (RBA). Minutes from the RBA’s November meeting indicated the central bank may keep rates unchanged for an extended period if economic data continues to outperform. RBNZ FAQs The Reserve Bank of New Zealand (RBNZ) is the country’s central bank. Its economic objectives are achieving and maintaining price stability achieved when inflation, measured by the Consumer Price Index (CPI), falls within the band of between 1% and 3% and supporting maximum sustainable employment. The Reserve Bank of New Zealand’s (RBNZ) Monetary Policy Committee (MPC) decides. Continue reading AUD/NZD slips near 1.1500 as New Zealand’s Trade Deficit YoY narrows in October→

Trump cuts tariffs in bid to slash consumer prices

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The post Trump cuts tariffs in bid to slash consumer prices appeared com. U. S. President Donald Trump gestures during an announcement from the State Dining Room at the White House in Washington, D. C., U. S., Oct. 23, 2025. Jonathan Ernst | Reuters President Donald Trump on Friday exempted key agricultural imports like coffee, cocoa, bananas and certain beef products from his higher tariff rates. The move comes as Trump faces political blowback for high prices at U. S. grocery stores. Some distributors of beef, coffee, chocolate and other common food items have raised prices as Trump’s tariffs took hold this year, adding to pressure on household budgets created by decades-high inflation in recent years. Trump’s action Friday also exempts a range of fruits including tomatoes, avocados, coconuts, oranges and pineapples. Along with coffee, the tariff reductions extend to black and green tea, and spices like cinnamon and nutmeg. The move marks a reversal for Trump, who has insisted tariffs are necessary to protect U. S. businesses and workers. He has contended U. S. consumers will not ultimately pay for the higher duties. The exemptions come just a day after Trump reached trade framework agreements with four Latin American countries including 10% tariffs on most goods from Argentina, Guatemala, and El Salvador, and 15% from Ecuador. It also removes duties specifically on products not grown or produced in the U. S. in sufficient quantities, like bananas and coffee. Rising food prices have hampered U. S. households for several years. Consumer Price Index data show food-at-home prices increased approximately 2. 7% year-over-year in September. (More recent data was delayed because of the government shutdown). The tariff exemptions aim to help moderate these grocery price increases, although experts caution that other factors such as global supply shortages also influence prices, especially for coffee and beef. Here’s more background on how industries like beef, coffee and cocoa have reacted to tariffs and rising prices. Beef A customer shops for meat at a. Continue reading Trump cuts tariffs in bid to slash consumer prices→

Cisco Raises Fiscal 2026 Revenue Outlook Amid Growing AI Networking Demand

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The post Cisco Raises Fiscal 2026 Revenue Outlook Amid Growing AI Networking Demand appeared com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Cisco raised its fiscal 2026 revenue outlook to $60. 2 billion to $61 billion, surpassing Wall Street expectations, driven by surging demand for AI-ready networking systems and infrastructure, as reported in its Q3 earnings. Cisco’s shares surged 8% in late trading following the upbeat earnings report. AI infrastructure orders reached $1. 3 billion in the recent quarter, up from $800 million previously. The company beat Q1 revenue estimates with $14. 9 billion, an 8% year-over-year increase, including $4. 14 adjusted earnings per share for fiscal 2026, exceeding analyst projections of $4. 05. Cisco fiscal 2026 revenue outlook hits $60. 2B-$61B amid AI boom; shares jump 8%. Discover how networking demand fuels growth and what it means for investors today. What is Cisco’s fiscal 2026 revenue outlook? Cisco’s fiscal 2026 revenue outlook has been raised to between $60. 2 billion and $61 billion, reflecting stronger-than-expected demand for AI-ready networking systems. This adjustment comes after the company outperformed in its third quarter earnings, with executives highlighting accelerated AI infrastructure adoption. The new projection exceeds Wall Street’s earlier estimates by nearly $1 billion, signaling robust growth in secure, high-speed. Continue reading Cisco Raises Fiscal 2026 Revenue Outlook Amid Growing AI Networking Demand→

‘Living and working in Florida is like being in a toxic relationship,’ but the Northeast shows jarring differences, real estate founder says

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“It’s like having a multiple personality disorder” to see bidding wars in Long Island and discounts in Miami, Erin Sykes said. Continue reading ‘Living and working in Florida is like being in a toxic relationship,’ but the Northeast shows jarring differences, real estate founder says→

Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says

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The company wants to ensure that all of its employees can access its Microsoft 365 and GitHub Copilot artificial intelligence tools, CEO Satya Nadella said. Continue reading Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says→

AMTD Digital (HKD) Stock: Revenue Explodes Past 1,000% in First Half Results

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TLDR AMTD Digital Inc. (NYSE: HKD) reported revenue of $73. 2 million for the six months ended April 30, 2025, representing a 1, 085. 9% increase from $6. 2 million in the same period last year. The revenue growth came primarily from the consolidation of The Generation Essentials Group as a subsidiary since October 2024, which boosted the media and [.] The post AMTD Digital (HKD) Stock: Revenue Explodes Past 1, 000% in First Half Results appeared first on CoinCentral. Continue reading AMTD Digital (HKD) Stock: Revenue Explodes Past 1,000% in First Half Results→

Apple’s earnings report and forecast for iPhone sales lead to a big move in the stock

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Apple’s earnings report and forecast for iPhone sales lead to a big move in the stock Continue reading Apple’s earnings report and forecast for iPhone sales lead to a big move in the stock→