New Zealand ANZ Business Confidence rose from -47.8 to -36.7 in September. Own Activity Outlook rose from -4.0 to -1.8. investment intentions rose from -2.0 to 1.8. Employment intentions rose from 3.4 to 5.9. Pricing Read more…
In its first monthly release, Australia CPI rose 6.8% yoy in June, accelerated to 7.0% yoy in July, and slowed to 6.8% yoy in August Monthly CPI excluding fruit, vegetables and fuel rose 5.5% yoy Read more…
Chicago Fed President Charles Evans said while interest at 3-3.25% is restrictive, ” with inflation as high as it is, and getting inflation under control being job one, it’s not nearly restrictive enough.” “The risks continue Read more…
Atlanta President Fed Raphael Bostic said yesterday, “the lack of progress thus far has me thinking much more now that we have to get to a moderately restrictive stance. And for me, that is in Read more…
NZ business sentiment is less dire, RBNZ hint at rate cycle high Business outlook is now -37.6, up 25.9 points higher than the June low Business outlook rose for a third month and at its Read more…
Key Highlights Gold price extended losses below the $1,650 support. A major bearish trend line is forming with resistance near $1,650 on the 4-hours chart. EUR/USD and GBP/USD might start a fresh downward move. USD/JPY Read more…
Short term Elliott Wave view on USDCAD suggests cycle from 8.11.2022 low is in progress as a 5 waves impulse structure. Up from 8.11.2022 low, wave 1 ended at 1.3208 and pullback in wave 2 Read more…
CHFJPY rising inside impulse wave (3) Likely to test resistance level 148.00 CHFJPY rising inside the intermediate impulse wave (3), which started earlier from the key support level 144.00 (former monthly high from June), intersecting Read more…
USDCHF under bearish pressure Likely to fall to support level 0.9700 USDCHF currency pair under the bearish pressure after the pair reversed down from the pivotal resistance level 0.9885 (which has been reversing the pair Read more…