Key insights from the week that was. In Australia, the RBA Monetary Policy Board (MPB) unanimously decided to cut the cash rate by 25bps, a move that came as no surprise to market participants. This week’s decision chalks up a cumulative 75bps of rate cuts since February, highlighting the MPB’s intent to gradually reduce policy […]
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Market Overview The crypto market capitalisation has risen by 0.75% over the past 24 hours, reaching $2.69 trillion. The top three performers are Zcash (+29%), Toncoin (+23%) and Filecoin (+16%). The underperformers are Ethereum (−0.4%), Read more…
Eurozone private sector activity slipped back into contraction in April, with the Services PMI finalized at 47.6, down sharply from 50.2 in March and marking a 62-month low. Composite PMI fell from 50.7 to 48.8, Read more…
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