New Zealand Building Consents June 2025: -6.4% m/m (vs. prior +10.3%)

NZ data: first time in two years that we have recorded annual growth in the number of new homes consented

Trump threatens 35% tariffs on Canada if no deal. US-Canada trade hits $900B annually. Dairy & defense spending key.

US inflation heats up! PCE rises as tariffs boost prices, putting pressure on the Fed. Traders eye consumer spending.

Fed’s skating to where the puck is going—are you? Inflation says not time for cuts yet

Dow Industrials shed 0.74%, S&P 500 down 0.37%, Nasdaq flat. SOX plunges 3.1%. Global markets mixed.

Nikkei 225 futures show mixed action; Sep contract up 125 pts. Traders eye volume & open interest shifts.

Figma IPO surges 250% on NYSE debut, valuing the design tool at $10B+. Early investors see massive gains.