Key insights from the week that was. In Australia, the central data update of the week certainly did not fail to surprise the market. The September Labour Force Survey (LFS) reported another above-trend increase in employment growth, a gain of +64.1k, driving the employment-to-population ratio to a new record high of 64.4%. Measures of unemployment, […]
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USDCHF rebounds off 0.8400 20- and 50-day SMA post bullish crossover MACD and RSI still above their mid-levels USDCHF has charged through its medium-term descending trend line near 0.8650 after the strong pullback from the Read more…
Markets Second tier US economic data outgunned yesterday’s ECB meeting. Strong retail sales, lower-than-expected weekly jobless claims and a sharp rebound in the Philly Fed business outlook sparked a test of the 4% barrier by Read more…
The European Central Bank (ECB) lowered its interest rates by 25bp yesterday, in a widely expected and priced in move. Chief Christine Lagarde highlighted that inflation is coming under control, warned that there could be Read more…