New Zealand Dollar initially weakened following RBNZ’s 50bps rate cut today, but quickly regained ground as Governor Adrian Orr indicated that the pace of easing will slow in the coming months. Orr suggested that the Read more…
As widely anticipated, the RBNZ cut the OCR by 50bps to 3.75%. The RBNZ signalled a high chance of 2-3 further cuts in 2025, including 25bp cuts at the April and May meetings. The RBNZ’s Read more…
Key Highlights Bitcoin price is consolidating above the $94,000 support zone. BTC is facing hurdles near a key bearish trend line with resistance at $97,250 on the 4-hour chart. Ethereum price is struggling to gain Read more…
BoJ Board Member Hajime Takata emphasized the need for the central bank to continue to “implement gear shifts gradually, even after the additional rate hike decided in January 2025”, to mitigate the risk of rising Read more…
The housing market has been tumultuous over the past few years, fueled by inflation, surging mortgage rates, and economic and political uncertainty. Unfavorable conditions and general uncertainty have made home buyers wary of entering the Read more…
RBNZ cut the Official Cash Rate (OCR) by 50bps to 3.75%, as widely expected, while maintaining a clear easing bias. The central bank stated that “if economic conditions continue to evolve as projected, the Committee Read more…
Annual consumer price inflation remains near the midpoint of the Monetary Policy Committee’s 1 to 3 percent target band. Firms’ inflation expectations are at target and core inflation continues to fall towards the target midpoint. Read more…
Southwest Airlines (LUV) , the fourth-largest airline in the U.S., is on a strict road to recovery after facing significant reputational and financial headwinds over the last few years. In December 2022, when a major winter Read more…
Australia’s wage price index rose 0.7% qoq in Q4, marking a slowdown from 0.9% qoq and missing expectations of 0.8% qoq. This matches the lowest quarterly growth since March 2022, reinforcing signs that wage pressures Read more…
Japan’s trade deficit expanded sharply in January, reaching JPY -2.759T, the largest shortfall in two years, as imports surged 16.7% yoy, far exceeding the expected 9.3% yoy gain. Meanwhile, exports rose 7.2% yoy, falling slightly Read more…