Markets US markets were closed for Thanksgiving yesterday and second tier EMU eco data failed to impress. The result was a dull, low volume, trading session. Minutes of the previous ECB meeting confirmed the central bank’s current comfortable position with the bar being very high to change that. EC November economic confidence data printed near […]
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Key Highlights WTI Crude Oil started a recovery wave above $96.50 and $98.00. A bullish trend line is forming with support at $99.80 on the 4-hour chart of XTI/USD. Gold is grinding lower below the Read more…
RBNZ Governor Anna Breman warned at a panel discussion today that New Zealand is being affected by global inflation shocks stemming from the Middle East conflict, noting that it has “disrupted global supply chains, pushing Read more…
Australia’s inflation accelerated sharply in March, with headline CPI rising from 3.7% yoy to 4.6% yoy, the highest since September 2023, though slightly below expectations of 4.8% yoy. The surge was largely driven by energy Read more…