The moment the white smoke appeared above the Sistine Chapel, I immediately turned on my television, because I wanted to see who the new pope would be, and then hopped on social media, because I Read more…
Key insights from the week that was. In Australia, the latest instalment of the household spending indicator, which covers around 60% of the consumer basket, provided another soft read on the consumer spending pulse. The Read more…
Amidst all the Trump-induced chaos and uncertainty, there are opportunities for other countries. Tariffs, policy chaos, deportations – even challenges to the rule of law. So much of the Trump administration’s agenda represents an act Read more…
Key Highlights USD/JPY found support near 142.35 and started a fresh increase. A connecting bullish trend line is forming with support at 143.80 on the 4-hour chart. GBP/USD is correcting gains and trading below the Read more…
Summary The Bank of England (BoE) delivered a widely anticipated 25 bps rate cut at today’s announcement, bringing the policy rate down to 4.25%. Between the somewhat balanced policymaker vote split, mixed commentary on economic Read more…
It’s a busy, busy day in the UK. The Bank of England has lowered interest rates and the UK and US are poised to announce a trade agreement to reduce tariffs. The British pound has Read more…
EURUSD: ⬇️ Sell EURUSD broke support zone Likely to fall to support level 1.1130 EURUSD currency pair recently broke the support area between the support level 1.1300 (which has been reversing the pair from the Read more…
Nikkei 225 index: ⬆️ Buy Nikkei 225 index broke the resistance zone Likely to rise to resistance level 38275,00 Nikkei 225 index recently broke the resistance area between the resistance level 37255.00, resistance trendline from Read more…
Ethereum: ⬆️ Buy Ethereum broke the resistance zone Likely to rise to resistance level 2100,00 Ethereum cryptocurrency recently broke the resistance area between the major resistance level 1935,00 (former monthly top from April) and the Read more…
When mortgage rates spiked from 3.5% to nearly 7% in 2022, the Covid-era housing boom was brought to an abrupt end. The sustained high rates have frozen the market, making homeownership pricier for buyers and Read more…