November saw Japan’s Manufacturing PMI finalized at 48.3, a slight decline from October’s 48.7. This figure, reported by S&P Global, indicates a continued contraction in the manufacturing sector, with more pronounced decreases in output and Read more…
RBNZ Deputy Governor Christian Hawkesby provided insights into the central bank’s current monetary policy and the economic outlook in an interview today. He discussed timing of rate cuts, and impact of rising immigration. RBNZ’s revised Read more…
Key insights from the week that was. In Australia, the Monthly CPI Indicator fell 0.3% in October, pulling the annual rate of inflation down from 5.6%yr to 4.9%yr; encouragingly for policy, there were no convincing Read more…
Key Highlights USD/JPY is facing many hurdles near 148.00. A major bearish trend line is forming with resistance near 148.10 on the 4-hour chart. Gold prices jumped toward $2,050 before it faced resistance. Crude oil Read more…
Hey folks, it’s a wrap to yet another month in the 2023 calendar, and I’m guessing you know what that means – time for another episode in the “What To Trade” series. For December, I Read more…
Bitcoin’s price remains stagnant despite the Fed’s slightly less hawkish tone. In contrast, Bitcoin has outperformed other assets, doubling in price from $16K to nearly $38K this year. Improved fundamentals, including the resolution of Binance Read more…
GBPCAD reversed from resistance level 1.7280 Likely to fall to support level 1.7100 GBPCAD currency pair recently reversed down from the long-term resistance level 1.7280 (strengthened by the upper daily Bollinger Band), which has been Read more…
When superstar rock band U2 opened the spectacular Las Vegas Sphere on Sept. 29, it seemed like the whole entertainment world was watching, as the first show attracted a crowd of music stars including Paul Read more…
