New Zealand’s trade data for November showed a significant improvement, with goods exports rising 9.1% yoy to NZD 6.5B, while goods imports increased by a more modest 3.9% yoy to NZD 6.9B. The resulting trade Read more…
Key insights from the week that was. As is tradition in Australia, the Federal Government delivered its mid-year economic and fiscal outlook in the lead up to Christmas. As anticipated, this update highlighted a troubling Read more…
Key Highlights USD/JPY started a fresh surge above the 154.00 resistance. A key bullish trend line is forming with support at 154.50 on the 4-hour chart. EUR/USD tumbled toward 1.0350 before correcting some losses. AUD/USD Read more…
Short Term Elliott Wave view in EURUSD suggests the decline from 9.25.2024 high is in progress as an impulse. Down from 9.25.2024 high, wave 1 ended at 1.076 and wave 2 rally ended at 1.0936. Read more…
EURGBP reversed from support zone Likely to rise to resistance level 0.8300 EURGBP currency pair recently reversed up from the support zone located between the key support level 0.8225 (which stopped the previous minor impulse Read more…
EURJPY broke resistance zone Likely to rise to resistance level 165.00 EURJPY currency pair recently broke the resistance zone located between the key resistance level 162.00 (which stopped the previous minor wave 2) and the Read more…
The Federal Reserve cut interest rates by 0.25% again, bringing the federal funds rate range to between 4.25% and 4.5%. This is the third consecutive rate cut this year, but it may be the beginning Read more…
Is Nvidia (NVDA) no longer the undisputed market leader among artificial intelligence (AI) stocks? 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸 The prominent Magnificent 7 stock kicked off this Read more…
Space is infinite, but it may still not be big enough for both Elon Musk and Jeff Bezos. The two billionaires could be heading for a showdown in the stars as their private space race Read more…
These days, electronics companies dipping their toes into the realm of the automotive industry is not exactly a foreign concept. While U.S. establishment automakers like Ford (F) struggle to electrify their lineups, Chinese consumer electronics Read more…