The New Zealand Morning Focus highlights a Supreme Court ruling maintaining the independence of Federal Reserve Governor Lisa Cook and provides a global market wrap as equities gain.
Key Takeaways
- 1.The US Supreme Court ruled against President Trump's attempt to immediately dismiss Federal Reserve Governor Lisa Cook, citing procedural failures.
- 2.Global equity markets showed gains, while US Treasury yields remained relatively stable at the start of the week.
- 3.The NZD remains under pressure, with the NZD-TWI holding just above 65.
Table of Contents
- Highlights
- Data and events today
- Financial markets
- Global markets overview
- Key data and events
- Key themes and views
- Market snapshot (07:15 NZ Time)
- Key data releases
- What's ahead today
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Authors
Miles WorkmanHenry Russell
Securities
S&P 500XAU
Themes
Central Bank IndependenceGeopolitical Tensions
Regions
GlobalAsia PacificEuropeUnited StatesNew ZealandAustralia