NASDAQ 100 Index Technical Outlook: Room to Rise Further
The retreat since last week in the Nasdaq 100 index doesn’t appear to be the […]
Australia PMI composite dropped to 47.7, deteriorating demand and worsening price pressures
Australia PMI Manufacturing dropped from 52.7 to 51.5 in November, a 29-month low. PMI Services […]
RBNZ hikes 75bps to 4.25%, tightening not finished
RBNZ raises the Official Cash Rate by a record 75bps to 4.25% as widely expected. […]
(RBNZ) Higher interest rates necessary
The Committee agreed that the OCR needs to reach a higher level, and sooner than […]
First Impressions: RBNZ Monetary Policy Statement November 2022
The Reserve Bank raised the Official Cash Rate by a record 75 basis points to […]
Gold Price Dips But Key Support Intact, Oil Recovers
Key Highlights Gold price started a downside correction from the $1,786 level. It traded below […]
CHFJPY Wave Analysis
CHFJPY reversed from support level 144.50 Likely to rise to resistance level 150.00 CHFJPY recently […]
British Pound Pauses as US Dollar Takes Stock of Fed Outlook. Will GBP/USD go Higher?
The British Pound is anchored near the top end this week’s range after US Dollar […]
Hang Seng Index Technical Outlook: Signs of Fatigue?
The Hang Seng Index (HSI) faces quite strong resistance, raising the chances that the three-week […]
S&P 500 at Risk of Breakout as PMIs Hit but Follow Through Would be a Problem
We are coming into the final ‘full’ trading day of the US holiday-shortened week and […]
AUD/NZD extending decline after RBNZ
AUD/NZD is extending the decline from 1.1489 after RBNZ’s rate hike today. For the near […]