As markets await rate decisions from SNB and then BoE today, both Swiss Franc and Sterling are trading largely within established ranges. SNB’s decision is particularly uncertain, with a close call on whether they will Read more…
BoE is widely expected to maintain interest rate at 5.25%, to avoid any perception of political interference ahead of the general election in the UK on July 4. Prime Minister Rishi Sunak’s unexpected call for Read more…
SNB is in the spotlight today as it prepares to announce rate decision which is seen as a close call. Market participants divided on whether another rate cut will be delivered, marking the second consecutive Read more…
New Zealand’s GDP grew by 0.2% qoq in Q1, surpassing the expected 0.1% growth and pulling the economy out of a technical recession following consecutive declines in the last half of 2023. On an annual Read more…
To state the obvious, stocks are on a roll The S&P 500, the Nasdaq Composite and the Nasdaq-100 indexes all hit record highs on Tuesday before the Juneteenth holiday. Chip giant Nvidia (NVDA) not only Read more…
Summary of deliberations from BoC’s June meeting revealed consensus among Governing Council members, who noted “four consecutive months” of easing in core inflation and indicators suggesting continued downward momentum. They concluded that there had been Read more…
The New Zealand economy grew by 0.2% in the March quarter, beating our forecast of a modest decline. However, the details don’t change our view of the underlying strength of activity. Key results Quarterly change: Read more…
USDCAD reversed from pivotal resistance level 1.3760 Likely to fall to support level 1.3675 USDCAD currency pair under the bearish pressure after the price reversed down 3 times in a row from the pivotal resistance Read more…
FTSE 100 index reversed from support level 8140.00 Likely to rise to resistance level 8300.00 FTSE 100 index recently reversed up from the key support level 8140.00 (which has been reversing the price from the Read more…
With the peak summer travel season upon us, TheStreet digs into the top tips and tricks for snagging last-minute travel deals while avoiding the crowds. Travel app Going suggests utilizing the internet, remaining flexible and Read more…