US: Strong expansion in consumer credit – Nomura

US consumer credit rose by $18.4bn (+5.8% at an annual rate) to $3.841trn in December following a strong $31.0bn gain in November (revised up from a p
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NZD/USD continues to drop following Chinese import boom

NZD/USD is down further in Asia following Chinese trade data, touching 0.7180 and is currently retracing into the 0.7190 region as of writing. NZD/US
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