Australia’s manufacturing sector strengthened further in June, with the S&P Global Manufacturing PMI rising from 50.7 to 51.5, marking its third consecutive month above the 50.0 expansion threshold and its highest reading since January. The Read more…
RBA Minutes reprise the ‘hawkish hold’ message from June’s decision statement. Some notable observations on housing and data centre build but central narrative unchanged. Deputy Governor Hauser’s recent speech and accompanying RBA research underscore risks Read more…
Recovery leg from 1.1324 (2026 low, posted last week) started to lose traction, as better than expected inflation numbers from some EU member countries (Germany, France, Italy) cooled expectations for ECB rate hike. Markets wait Read more…
Nikkei 225: ⬆️ Buy – Nikkei 225 reversed from support level 68600.00 – Likely to rise to resistance level 72575.00 Nikkei 225 index recently reversed from the support area between the support level 68600.00 (former Read more…
AUDCAD: ⬆️ Buy – AUDCAD reversed from support area – Likely to rise to resistance level 0.9945 AUDCAD currency pair earlier reversed from the support area between the support level 0.9760 (former strong resistance from Read more…
The Iran war handed Exxon Mobil (XOM) and Chevron (CVX) their sharpest stock surge in years. Then the peace dividend arrived, and it had the opposite effect. West Texas Intermediate prices fell to about $69 Read more…
SpaceX went public on Nasdaq on June 12 with a $75 billion raise and a valuation that eclipsed every initial public offering in history. The stock surged 19% on its first day of trading, closing Read more…