A future-looking SoC. | Image: MediaTek MediaTek has formally announced its new flagship mobile chipset, the Dimensity 9400. It has the year-over-year spec bumps we’d expect to see, along with a few future-looking features just Read more…
Key Highlights Bitcoin price struggled to clear the $64,000 resistance zone. BTC faced hurdles near a key bearish trend line at $64,200 on the 4-hour chart. Oil prices rallied toward $78.80 before the bears appeared. Read more…
As widely expected, RBNZ cut its Official Cash Rate by 50bps to 4.75%. In its accompanying statement, the central bank emphasized that this move was deemed “appropriate” to achieve and maintain low, stable inflation while Read more…
Today the RBNZ cut the OCR by 50bps to 4.75%, meeting Westpac and market expectations. According to the RBNZ the economy is now in a position of excess capacity, encouraging price- and wage-setting to adjust Read more…
Media release The Monetary Policy Committee today agreed to cut the Official Cash Rate (OCR) to 4.75 percent. The Committee assesses that annual consumer price inflation is within its 1 to 3 percent inflation target Read more…
Fed Vice Chair Philip Jefferson highlighted the shift in the balance of risks between the central bank’s two mandates: inflation and employment. Jefferson noted at an event overnight that “risks to inflation have diminished,” while Read more…
Boston Fed President Susan Collins highlighted yesterday that further rate cuts will “likely be needed” to support the economy. However, she emphasized that Fed’s policy decisions are not on a “pre-set path” and will remain Read more…
Atlanta Fed President Raphael Bostic reiterated his firm stance on inflation during remarks overnight, emphasizing that inflation remains “too high”. He added, “I want people to understand that I’m still laser-focused on the inflation target.” Read more…
Nasdaq-100 reversed from support zone Likely to rise to resistance level 20340.00 Nasdaq-100 index today reversed up from the support zone located between the pivotal support level 19680.00 (former top of wave b from the Read more…
The dollar index has been on an upward trajectory since late September. Still, the currency market has been late in joining the move in US long-term bonds, where yields are rising following the Federal Reserve’s Read more…