The Weekly Bottom Line: Fed in No Rush to Cut Interest Rates
U.S. Highlights New home sales fell in February, but remain fairly flat over the past […]
Canada’s Unemployment Rate Will Continue to Tick Higher Despite Job Gains
Next Friday’s employment data is expected to show job growth remained in positive territory (+25,000 […]
Bitcoin Doesn’t Fit the Downtrend Now
Market picture The crypto market capitalisation rose 1.4% in 24 hours to $2.66 trillion. Buyers […]
Australian Dollar Slides After Weak Retail Sales Report
The Australian dollar is down sharply and has fallen to a three-week low. In the […]
A First Fed Rate Cut in June Seems Highly Premature
Markets German Bunds outperformed US Treasuries yesterday on milder than expected Spanish CPI and soft […]
Something Must Give
European stocks renewed record on Wednesday, the US dollar consolidated gains and the S&P500 stocks […]
USDJPY Eyes 1990 Highs: Intervention or Reversal?
The reversal of the Bank of Japan’s monetary policy tightening at the beginning of March […]
USD/JPY Slides to Lowest Level Since 1990
The Japanese yen has edged higher on Wednesday. In the European session, USD/JPY is trading […]
Crypto Market: A Breather After the Climb
Market picture The capitalisation has stabilised around the $2.63 trillion level, losing 1.7% in 24 […]
Further Yen Losses Avoided as Fin Min Suzuki Warned
Markets Quite a long series of US data (including consumer confidence, house price data, durable […]
Dollar Pushes Higher as S&P 500 Set for 5th Monthly Gain
Yesterday was a slow day in terms of data and information flow and a strong […]
NZ First Impressions: Budget Policy Statement Review
The Government’s first Budget Policy Statement confirms that Budget 2024 will unveil a markedly weaker […]