Videoconference – 1 February 2022 Members present Philip Lowe (Governor and Chair), Guy Debelle (Deputy Governor), Mark Barnaba AM, Wendy Craik AM, Ian Harper AO, Carolyn Hewson AO, Steven Kennedy PSM, Carol Schwartz AO, Alison Read more…
Japan GDP grew 1.3% qoq in Q4, slightly below expectation of 1.4% qoq. In annualized term, GDP grew 5.4%, below expectation of 5.8%. Private consumption grew 2.7% qoq, accounting for much of the growth. Capital Read more…
BoJ Governor Haruhiko Kuroda reiterated that the baseline forecast is for Japan’s economy and prices to gradually pick up as rising real household income underpins consumption. Nevertheless, the “economic and price conditions warrant maintaining our Read more…
Short term Elliott Wave view in NZDJPY suggests that decline from January 5, 2022 peak is unfolding as a 5 waves impulse structure. Down from January 5 peak, wave (1) ended at 75.24 on January Read more…
In 2021 the key driver of gold was movements in real yields and the U.S. dollar. However, in late November, evidence emerged that this was no longer the case. Despite a hawkish Fed shift that Read more…
Tesla’s CEO, the world’s richest man, made the five-day donation last November, according to an SEC filing. Elon Musk is omnipresent on Twitter, where he does not hesitate to respond to his critics. But most Read more…
Last week , the US January CPI came in hotter than expected at 7.5% YoY vs 7.3% YoY expected and 7.0% YoY in December. This was the highest reading since February 1982! The Core CPI, Read more…
The employees of the owner of the popular game Assassin’s Creed criticize the group’s desire to incorporate NFTs into its games, according to sources. The conflict is open and it is difficult to say for Read more…
It might be Valentine’s Day, but government bonds are unlikely to find much love any time soon. The key themes that have dominated market sentiment remains the same: inflation, central bank policy tightening and the Read more…
NZDCAD reversed from resistance zone Likely to fall to support level 0.8350 NZDCAD currency pair recently reversed down from the resistance zone located between the resistance level 0.8500 (former support from the start of January), Read more…