At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Underlying inflation remains too high. Inflation has Read more…
Key Highlights WTI Crude Oil prices are struggling to recover above the $70.00 resistance zone. A connecting bearish trend line is forming with resistance at $69.75 on the 4-hour chart. Gold prices could advance if Read more…
GBPNZD reversed from key resistance level 2.1840 Likely to fall to support level 2.1600 GBPNZD currency pair recently reversed down from the resistance zone between the key resistance level 2.1840 (which has been reversing the Read more…
Dow Jones reversed from resistance area Likely to fall to support level 44300.00 Dow Jones index previously reversed down from the resistance area between the resistance level 45000.00 (which has been reversing the index from Read more…
Gold (XAUUSD) continues to show a positive trend during the European session but stays below the $2,650-2,655 range it has been stuck in for the past two weeks. Friday’s US jobs report boosted expectations that Read more…
If you had asked me what I wanted to be when I was growing up, I would have told you that I wanted to be a Formula 1 race car driver, a Lamborghini test driver, Read more…
Starbucks CEO Brian Niccol is determined to reverse a startling trend that has negatively impacted the coffee chain’s stores over the past few months. All year, Starbucks (SBUX) has been struggling with low sales for Read more…
Housing affordability is one of the top factors impacting market demand. Home buyers are unlikely to commit to the responsibility of homeownership if they feel they can’t afford it due to unsustainably high mortgage rates. Read more…
If you’re wondering what the best-managed companies in 2024 were, the Wall Street Journal’s annual rankings are in. The tech sector was well represented this year, as several of Silicon Valley’s biggest names secured the Read more…
Since Donald Trump reclaimed the presidency, Tesla shares are up 50%, rebounding from drops tied to production issues and rising EV competition. Trump’s proposed rollback of EV subsidies, which would mean higher costs for buyers, could reshape Read more…