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. […]
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 […]
ECB Simkus: 50bps a must for Dec, 75 also possible
ECB Governing Council member Gediminas Simkus said, “it’s clear that 50 basis points is a […]
Stocks Rise with Fed Speakers in Focus
US futures Dow futures +0.47% at 33723 S&P futures +0.5% at 3964 Nasdaq futures +0.45% […]
Gold Still Not Out of Woods
At the time of writing gold was higher on the day thanks to weakness in […]
Canada retail sales dropped -0.5% mom in Sep, down -1.0% qoq in Q3
Canada retail sales dropped -0.5% mom to CAD 61.1B in September. Sales declined in 7 […]
NZD Dollar Bounces Back ahead of RBNZ Meet
The New Zealand dollar has rebounded on Tuesday with strong gains. In the European session, […]
Crypto Market Cap Halving?
Market picture Bitcoin went below 15,500 at the end of the day on Monday, rewriting […]
WTI Quickly Recovered Monday’s Heavy Losses But Downside Remains Vulnerable
WTI oil was firmer in early Tuesday trading following a roller-coaster ride on Monday, when […]
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 […]