NZDUSD Battles With 200-Day SMA After RBNZ’s Rate Cut
NZDUSD continues the bearish correction Technical oscillators are mixed NZDUSD plunged significantly after the RBNZ’s […]
Elliott Wave Intraday View in GBPJPY Looking for Further Upside
Short Term Elliott Wave View in GBPJPY suggests that cycle from 9.11.2024 low is currently […]
China Indices Suggest Ongoing Doubts of Efficacy and Amount of Stimulus
Markets The post payrolls rise in US yields and by extension in yields on other […]
Oil’s Short-Term Risks Remain Tilted to the Upside
Chinese authorities think that the country could achieve its 5% growth target with the stimulus […]
Swedish CPI Slightly Higher Than Expected – Supports Our -25 bp Call for November
In focus today Tonight, FOMC will release the minutes from its September meeting. Markets will […]
Bitcoin Price Facing Obstacles: Can Bulls Push Through?
Key Highlights Bitcoin price struggled to clear the $64,000 resistance zone. BTC faced hurdles near […]
RBNZ October 2024 Monetary Policy Review: The Wait is Over
Today the RBNZ cut the OCR by 50bps to 4.75%, meeting Westpac and market expectations. […]
Fed’s Jefferson: Inflation risks diminished, employment risks rising
Fed Vice Chair Philip Jefferson highlighted the shift in the balance of risks between the […]
Fed’s Collins: Further rate cuts likely, remain carefully data dependent
Boston Fed President Susan Collins highlighted yesterday that further rate cuts will “likely be needed” […]
Fed’s Bostic stays “laser-focused” on inflation
Atlanta Fed President Raphael Bostic reiterated his firm stance on inflation during remarks overnight, emphasizing […]
RBNZ cuts rates by 50bps, citing weak economic conditions and excess capacity
As widely expected, RBNZ cut its Official Cash Rate by 50bps to 4.75%. In its […]