Restrictive monetary policy has reduced capacity pressures in the New Zealand economy and lowered consumer price inflation. Annual consumer price inflation is expected to return to within the Committee’s 1 to 3 percent target range Read more…
In April, Japan’s exports increased by 8.3% yoy to JPY 8981B, falling short of expected 11.1% growth. Nonetheless, this marks the fifth consecutive month of export growth and sets a record for April. Key contributors Read more…
BoE Governor Andrew Bailey indicated overnight that he anticipates the next move in monetary policy will be a rate cut. He expects a significant decline in April’s UK inflation data, but questions remain about how Read more…
In a newspaper interview, ECB Governing Council member Joachim Nagel expressed optimism about the current economic outlook, noting that “wage growth is expected to moderate as inflation continues to recede.” He highlighted that recent developments Read more…
The Las Vegas Strip’s most spectacular venue for music headliners is Sphere Entertainment’s (SPHR) $2.3 billion Sphere which opened Sept. 29, 2023, with superstar rock band U2 taking the stage for its 40-show U2/UV Achtung Read more…
Key Highlights Gold started a fresh increase above the $2,420 resistance. A connecting bullish trend line is forming with support at $2,410 on the 4-hour chart. Oil prices are consolidating losses below $80.00. EUR/USD could Read more…
Reserve Bank of New Zealand Consumer Price Index New Zealand Dollar traders eagerly anticipate the Reserve Bank of New Zealand’s Official Cash Rate (OCR), a critical event that can significantly impact the market. Over the Read more…
ETHUSD set to notch up a second straight day of sharp gains Hopes of spot ether ETF trigger broad-based crypto rally But danger that upswing is becoming overstretched ETHUSD (ether) has charged through its 50-day Read more…
Technology stocks have rocketed over the past seven months, with the S&P 500 Technology Sector index surging 31%. Tech stalwarts Alphabet (GOOG) , Amazon, Microsoft, Meta Platforms (META) and Nvidia (NVDA) have dominated the S&P Read more…
