Late Wednesday night at about 11PM CT, SpaceX was about to perform a static fire test of Ship 36, ahead of a planned 10th flight test for its Starship, when there was suddenly a massive Read more…
Attention is on two key central bank decisions today, SNB and BoE. SNB kicks off at 7:30 GMT and is widely expected to deliver a 25bps rate cut, bringing the policy rate back to 0.00%. Read more…
What we call the stock market in the United States is actually two different stock exchanges: the New York Stock Exchange (NYSE) and the Nasdaq. Luckily for American investors, both exchanges keep the same hours Read more…
May’s Australian employment data surprised to the downside, with a -2.5k decline compared to expectations of a 19.9k gain. Yet beneath the weak headline, the composition was stronger than it appears: full-time jobs surged 38.7k Read more…
New Zealand’s GDP grew 0.8% qoq in Q1, slightly ahead of expectations of 0.7% qoq. On a per capita basis, output rose 0.5% qoq. Gains were broad-based, with all major sectors contributing positively: goods-producing industries Read more…
New Zealand’s GDP rose by 0.8% in the March quarter, slightly ahead of market forecasts. Our view remains that the RBNZ will pause to assess in July. Key results Quarterly change: +0.8% (last: +0.7%, Westpac Read more…
Key Highlights GBP/USD failed to extend gains above 1.3620 and corrected lower. It traded below a bullish trend line with support at 1.3515 on the 4-hour chart. EUR/USD is still consolidating gains above the 1.1450 Read more…
USDCAD: ⬆️ Buy USDCAD broke daily down channel Likely to rise to the resistance level at 1.3730 USDCAD currency pair recently broke the resistance trendline of the daily down channel from the start of May. Read more…
Gold: ⬇️ Sell Gold reversed from resistance level 3445.00 Likely to fall to support level 3300.00 Gold recently reversed with the Bearish Engulfing from the resistance level 3445.00, which is the lower border of the Read more…
The Fed maintained its monetary policy unchanged as widely expected. The updated median ‘dots’ still signal two more 25bp rate cuts by the end of the year. Median rate projection for 2026-27 shifted 25bp higher, Read more…