Daily Pivots: (S1) 192.94; (P) 194.28; (R1) 195.23; More… Intraday bias in GBP/JPY stays neutral at this point. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 Read more…
Daily Pivots: (S1) 162.08; (P) 162.83; (R1) 163.37; More…. Intraday bias in EUR/JPY remains neutral and outlook is unchanged. On the upside, break of 163.47 resistance will resume the rebound from 154.40 to 61.8% retracement Read more…
Daily Pivots: (S1) 0.8363; (P) 0.8381; (R1) 0.8407; More… Intraday bias in EUR/GBP stays neutral at this point. Also, near term outlook remains bearish. On the downside, break of 0.8309 will resume larger down trend Read more…
Daily Pivots: (S1) 1.6144; (P) 1.6204; (R1) 1.6302; More… EUR/AUD’s strong break of 1.6184 resistance confirms short term bottoming at 1.6002, after defending 1.5996 support. Intraday bias is back on the upside for 38.2% of Read more…
Hong Kong markets experienced another day of intense volatility, with benchmark HSI plunging over -5% during the morning session as traders rushed to lock in profits from the recent rally. The sell-off came as disappointment Read more…
Minutes from RBA’s September meeting revealed the consensus to keep the cash rate unchanged, as members felt there had been no significant changes since the previous meeting to justify a shift in policy. Members discussed Read more…
Hybrid – 23 and 24 September 2024 Members participating Michele Bullock (Governor and Chair), Andrew Hauser (Deputy Governor), Carolyn Hewson AO, Steven Kennedy PSM, Iain Ross AO, Elana Rubin AM, Carol Schwartz AO, Alison Watkins AM Members had granted leave of absence to Ian Harper AO, in accordance with section 18A of Read more…
Australia’s NAB Business Confidence improved in September, rising from -5 to -2. Business conditions also increased from 4 to 7, with key components such as trading conditions rising from 8 to 12, profitability up from Read more…
Australia’s Westpac Consumer Sentiment surged by 6.2% yoy in October to 89.8, marking the highest reading since RBA began its tightening cycle two and a half years ago. Westpac noted that consumer sentiment has been Read more…
Japan’s real wages declined by -0.6% yoy in August, marking the first drop in three months. Nominal wages rose for the 32nd consecutive month, increasing by 3.0% yoy, slightly missed market expectations of 3.1% . Read more…