Market picture The crypto market lost 6% in 24 hours to $2.42 trillion. Solana reversed Tuesday’s decline, losing 9% in 24 hours – the last of the major altcoins to fall into a correction. Bitcoin Read more…
Brent crude oil continues its rally, reaching peak values since early November 2023, with prices around USD 87.00 per barrel. Investor concerns over commodity supply, particularly due to tensions in several oil-producing countries, significantly influence Read more…
If you’re rushing to get your taxes done by the deadline, time is of the essence. CPA and TurboTax Live expert Miguel Burgos offers some advice on maximizing your refund, getting an extension and more. Read more…
The Swiss Federal Expert Group on Business Cycles maintained its expectation for modest GDP growth at 1.1% for 2024, with improvement to 1.7% in 2025. Uunemployment rate is projected to remain stable at 2.3% in Read more…
Markets RIP NIRP. The Bank of Japan ditched the world’s last negative policy rate this morning, raising it from -0.1% to a target range between 0% and 0.1%. The first hike since 2007 ended an Read more…
We expected – at the start of this year – that March would bring a Fed rate cut. It brought a BoJ rate hike instead. Yes, the Bank of Japan (BoJ) scrapped its negative rate Read more…
No clear forward guidance and “shadow accommodative vibes” in BoJ’s latest monetary policy led to a continuation of the rally in USD/JPY (JPY sell-off). Cautious now for USD/JPY bulls as it is now resting at Read more…
In focus today We have a light schedule for today. In the euro area, focus is on German ZEW data for March. The assessment of the current economic situation is still very poor while the Read more…
As was widely expected, the RBA Board left the cash rate on hold at its late-March meeting, at 4.35%. The language of the media release and press conference confirms that the Board is most likely Read more…
Daily Pivots: (S1) 189.55; (P) 189.86; (R1) 190.17; More….. GBP/JPY’s rally from 187.94 accelerates higher today and intraday bias stays on the upside. Decisive break of 191.29 will confirm resumption of larger up trend. Next Read more…