In an unexpected move, RBNZ lowered its Official Cash Rate by 25bps to 5.25% today, catching markets off guard. The central bank also unveiled new economic projections, which indicate the possibility of another rate cut Read more…
New Zealand’s annual consumer price inflation is returning to within the Monetary Policy Committee’s 1 to 3 percent target band. Surveyed inflation expectations, firms’ pricing behaviour, headline inflation, and a variety of core inflation measures Read more…
Atlanta Fed President Raphael Bostic emphasized a cautious approach regarding interest rate cuts, stating that he needs “a little more data” before supporting such a move. Bostic stressed the importance of ensuring that Fed doesn’t Read more…
Nasdaq-100 index reversed from support zone Likely to rise to resistance level 19500.00 Nasdaq-100 index continues to rise inside the minor impulse wave 3, which started recently from the major support area set between the Read more…
AUDUSD reversed from support zone Likely to rise to resistance level 0.6650 AUDUSD currency pair recently reversed up from the powerful support area located between the long-term support level 0.6370 (which has been reversing the Read more…
When it comes to travel, luxury is very often tied to difficulty of access. Some of the top earners in the world will pay tens of thousands to reach places like St. Barths, Gstaad, Bora Read more…
Buying a house in a competitive housing market with high mortgage rates and low inventory can be challenging. While finding the rough house may seem daunting, saving up for a down payment and planning the Read more…
Home Depot (HD) is the latest major retailer to become a victim of a growing trend that is beginning to put a damper on its sales. In Home Depot’s second-quarter earnings report for 2024, it Read more…
A couple of years ago, it may have just seemed like a CEO talking point. But now, it seems that price inflation – or the cost of many goods and services rising in the United States – is something Read more…
