The brief moment of optimism following the US tariff truce has quickly faded, as financial markets buckle again under renewed pressure. US stocks closed sharply lower overnight, wiping out a large portion of Wednesday’s historic Read more…
New Zealand’s BusinessNZ Performance of Manufacturing Index slipped slightly from 54.1 to 53.2 in March, but remained firmly in expansion territory. Production climbed to 54.2, the highest level since December 2021. Employment also posted a Read more…
Key Highlights USD/JPY started a fresh decline below the 146.50 level. A connecting bearish trend line is forming with resistance at 148.20 on the 4-hour chart. GBP/USD is again rising and might aim for gains Read more…
Speaking overnight, Chicago Fed President Austan Goolsbee said that nothing is “off the table”, including rate hikes, cuts, or holds. The sheer scale of recent trade developments creates a stagflationary shock, and there is “not Read more…
Boston Fed President Susan Collins said in a speech overnight that keep interest rate at current level is “appropriate for the time being” due to the “highly uncertain environment.” Collins acknowledged that “renewed price pressures” Read more…
Key insights from the week that was. Starting in Australia, April’s Westpac-MI Consumer Sentiment Survey – which was in the field last week – provided a first-look into households’ reaction to President Trump’s tariff turmoil. Read more…
Gold: ⬆️ Buy Gold broke key resistance level 3150.00 Likely to rise to resistance level 3200.00 Gold today broke above the key resistance level 3150.00 (which stopped the previous impulse wave I at the start Read more…
USDCHF: ⬇️ Sell USDCHF broke support zone Likely to fall to support level 0.8200 USDCHF currency pair recently broke the support zone between the key support level 0.8400 (which reversed the price multiple times in Read more…
NZDUSD: ⬆️ Buy NZDUSD reversed from support zone Likely to rise to resistance level 0.5820 NZDUSD currency pair recently reversed from the support zone between the key support level 0.5530 (which has been reversing the Read more…
There’s a reason shopping at Costco is often likened to going on a treasure hunt. Costco’s massive warehouses are loaded with a wide range of products, from exclusive grocery items to apparel to home goods. Read more…