RBA Holds Rates as Expected, Seeks Confidence in an Uncertain World
Cash rate on hold at 4.1% as new Board waits for more information to be […]
GBP/USD Turns Sideways as 20-SMA Blocks Advances
GBP/USD faces tough resistance around 20-SMA and 61.8% Fibonacci. Positive momentum appears to be waning. […]
DAX Declining in an Impulsive Structure, According to Elliott Wave Perspective
The $DAX appears to be tracing a five-wave impulsive decline from its recent high on […]
Brent Crude Oil Price Rises Above $71
Brent crude oil is trading above $71 per barrel today, marking its highest level since […]
Tankan Survey Supports Further BoJ Hikes
In focus today In the US, both ISM March Manufacturing index and February JOLTs turnover […]
More ECB Officials Appear Ready to Accept an April Rate Pause
Markets Friday’s nasty market sell-off dragged into yesterday’s Asian and European trading as traders hit […]
RBA stands pat, inflation eases as expected, but outlook clouded
RBA kept the cash rate target unchanged at 4.10% today, in line with broad market […]
China Caixin manufacturing rises to 51.2, jobs and prices Lag
China’s Caixin PMI Manufacturing rose to 51.2 in March, up from 50.8 and marking a […]
Japan PMI manufacturing finalized at 48.4, weaker domestic and international demand
Japan’s manufacturing sector contracted further in March, with final PMI reading falling to 48.4 from […]
Japan’s Tankan survey flags manufacturing caution, services hit 33-year high
Japan’s Q1 Tankan survey revealed a mixed outlook for the economy, with sentiment among large […]
Eurozone PMI manufacturing finalized at 48.6, greenshoots clouded by tariff frontloading
Eurozone manufacturing showed encouraging signs of recovery in March, with the final PMI Manufacturing reading […]