China’s official PMI data for September signaled tentative improvement in industry but lingering softness in services.The NBS Manufacturing PMI rose to 49.8 from 49.4, its highest since March, though it still pointed to contraction. The Read more…
New Zealand’s ANZ Business Confidence edged slightly lower in September, slipping from 49.7 to 49.6. Though, Own Activity Outlook improved to 43.4 from 38.7. Inflation pressures ticked mildly higher. One-year-ahead inflation expectations rose to 2.71% Read more…
Key Highlights Gold extended its rally and traded to a new record high above $3,850. A key bullish trend line is forming with support at $3,785 on the 4-hour chart. WTI Crude Oil prices failed Read more…
Japan’s latest data painted a downbeat picture of economic momentum in August. Industrial production slipped -1.2% mom, falling short of the expected -0.8%. Of the 15 industrial sectors, 12 including metal products, and inorganic and Read more…
The BoJ’s September Summary of Opinions revealed that members debated the feasibility of raising interest rates in the near term, with some arguing that conditions were aligning for another move. The release underscores a growing Read more…
St. Louis Fed President Alberto Musalem said monetary policy is now “somewhere between modestly restrictive and neutral.” Musalem, who votes on policy this year, said he is “open minded” to further rate cuts but stressed Read more…
New York Fed President John Williams said overnight that it made sense for the central bank to ease policy “a little bit” to reduce restrictiveness to support the labor market while maintaining downward pressure on Read more…
AUD/USD starts the week on slightly steadier ground (0.6570). The looming risk of a US government shutdown from 1 Oct has seen the USD open the week with a broadly softer tone. Negotiations over a Read more…
The short-term Elliott Wave structure in crude oil indicates a downward cycle from the June 23, 2025, high, unfolding as a five-wave impulse. Wave 1 concluded at $61.45, and wave 2 rallied to $66.42, as Read more…
WTI: ⬇️ Sell WTI reversed from resistance level 65.25 Likely to fall to support level 61.70 WTI crude oil recently reversed down from the the resistance area between the resistance level 65.25 (upper border of Read more…