Forecasting is hard when even the past does not stand still. Local markets were heavily focused this week on the June quarter national accounts. Our note (PDF 712KB) on the subject highlighted the key points. Foremost amongst these is that despite strong population growth, private sector demand is stagnant. Household consumption went backwards in the […]
The post When the Rear-View Mirror is Foggy, Triangulate appeared first on Action Forex.
Irish ECB Governing Council member Gabriel Makhlouf signaled caution today, emphasizing that an interest rate cut at the December 12 meeting is not guaranteed. “It would be going a bit far to say an ECB Read more…
As the BTC/USD chart indicates: → At the start of November, Bitcoin’s price was around the $70,000 level. → Today, a single coin is trading for approximately $92,000. On 12 November, when we last analysed Read more…
Check back for updates throughout the trading day U.S. equity futures were mixed in early Monday trading, while Treasury yields and the dollar held steady at multi-month highs, as investors entered the week on a Read more…