Australia’s retail sales fell -0.4% mom in March, well below expectation of 0.2% mom. Ben Dorber, ABS head of retail statistics, highlighted the impact of cost of living pressures on consumer behavior. He further noted the stagnation in the sector, stating, “Underlying retail turnover has been flat for the past six months and was up […]
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Assistant Governor Karen Silk indicated that RBNZ is likely to slow the pace of monetary easing and incorporate pauses into its rate cycle after February. “There could be pauses built in, but it is definitely Read more…
Key Highlights GBP/USD started an upside correction from the 1.2500 support. It cleared a key contracting triangle with resistance at 1.2600 on the 4-hour chart. Bitcoin tested the $91,000 zone before the bulls appeared. USD/JPY Read more…
Businesses remain very upbeat about the year ahead. There are also some signs that current conditions are gradually improving. Key results (November 2024) Business confidence: 64.9 (Prev: 65.7) Expectations for own trading activity: 48.0 (Prev: Read more…