Lock it in, no need to wait for the CPI: RBA Monetary Policy Board expected to cut by 25bps at its 20 May meeting. For the past several quarters, the near-term outlook for RBA policy has been data-driven. This makes it tricky to predict what the Monetary Policy Board will decide beyond the upcoming meeting. […]
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Germany’s Ifo Business Climate Index edged higher in April, rising from 86.7 to 86.9 and beating market expectations of 85.2. Current Assessment Index climbed to 86.4 from 85.7. Expectations, while slightly lower at 87.4 compared Read more…
Asian stocks ended their five-day winning streak as a short-lived global rally lost steam due to mixed messages from the Trump administration about China tariffs. A regional stock index dropped 0.3% after Treasury Secretary Scott Read more…
Daily Pivots: (S1) 0.9352; (P) 0.9381; (R1) 0.9428; More…. Intraday bias in EUR/CHF stays neutral and outlook remains bearish with 0.9408 resistance intact. On the downside, firm break of 0.9204 low will confirm larger down Read more…