The NZX 50 was almost flat, trading around 12,768 on Wednesday morning, after retreating for a third straight session, as traders awaited RBNZ Governor Anna Breman’s speech later today to guide the central bank’s monetary policy path. Traders were also cautious amid higher oil prices that could pressure domestic inflation. The broader index attempted to rise from its lowest level since March 30, reached a day earlier, with gains in healthcare, energy, and consumer discretionary offset by declines in consumer staples, financials, and communication services. In the US, Wall Street closed in the red overnight amid signals of weakness at OpenAI and rising oil prices. Fisher & Paykel Healthcare rose 1.3%, Ebos Group climbed 1.1%, and FC Investment gained 0.4%, while Port of Tauranga, Chorus, and Freightways fell 1.0%, 1.0%, and 0.9%, respectively.