- The U.S. Securities and Exchange Commission announced plans to extend its emergency order against naked short selling. The extension, which was widely expected, will last until but not beyond August 12, the SEC said. - The NZD plummeted after RBNZ governor Bollard said that he sees plenty of room for easing as the economy and inflation weakens. Bollard added that, in his opinion, the NZD remains overvalued. - Higher interest rates and rising building costs lead to sharp pullback in ...
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