New Zealand Retail Sales fall 0.5% QoQ in Q2, vs 0.1 expected

Retail Sales,a measures of the volume of sales of goods by retailers in New Zealand, fell 0.1% QoQ in the second quarter (Q2) of 2026 after rising 1.0% in Q1 (revised from 0.9%), the latest data published by the Statistics New Zealand showed on Monday. 

The market forecast was for a 0.1% decline in the reported month.

Iran’s Araghchi says new sanctions threatened by 'desperate' US will fail

Iran's Foreign Minister Abbas Araghchi dismissed the threat of a fresh round of US economic sanctions as a “desperate” ploy and said the expected new measures would fail to defeat Tehran, Reuters reported on Sunday.
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