Key Highlights WTI Crude Oil prices started a fresh decline below the $76.20 support. It dipped below a declining channel with support at $72.30 on the 4-hour chart. Gold prices extended the surge and broke Read more…
The fast-food restaurant sector in the last year has suffered from an array of economic issues that have forced businesses to close locations. Businesses have blamed the effects of the Covid-19 pandemic, rising costs from Read more…
China’s Caixin Services PMI slipped to 51.0 in January, down from 52.2 and below expectations of 52.3. PMI Composite also edged lower from 51.4 to 51.1, marking a four-month low, as both manufacturing and services Read more…
Fed Vice Chair Philip Jefferson reaffirmed the cautious approach to policy easing, stating that while a “gradual reduction” in monetary policy restraint towards neutral remains the most likely scenario, there is no urgency to change Read more…
Waffle House, which has about 2,000 locations nationwide, is responding to an alarming situation that has frustrated consumers nationwide. Over the past few months, the poultry industry has been battling a ferocious bird flu crisis. Read more…
Japan’s labor market showed strong wage growth in December, with labor cash earnings surging 4.8% yoy, significantly above expectations of 3.8% yoy and accelerating from 3.9% yoy in the prior month. This marks the 36th Read more…
Back in October 2024, German auto giant Volkswagen launched Scout, a retro-inspired off-road EV brand, after two long years of hype, development and anticipation. The Scout, which gets its name from the legendary International Harvester Read more…
New Zealand’s labor market softened further in Q4, with unemployment rate climbing from 4.8% to 5.1%, in line with expectations and marking the highest level since 2016, excluding the brief spike following the 2020 Covid Read more…
Summary A lot has happened since President Trump took office for his second term. In this report, we examine a few of the key takeaways from President Trump’s first few weeks in office, including why Read more…
The unemployment rate rose to 5.1% in the December 2024 quarter, in line with market expectations. Wage growth is moderating broadly as expected. Unemployment rate: 5.1% (prev: 4.8%, Westpac f/c: 5.0%, RBNZ f/c 5.1%) Employment Read more…