Key insights from the week that was. In Australia, GDP rose 0.3% (2.5%yr) in Q1, in line with our expectations. Our analysis suggests the data centre build-out was responsible for all of the growth in the quarter. This manifested as the largest jump in new business investment since the early 2010s mining investment boom – […]
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Gold traders have spent the past week waiting. After falling steadily from 4,889.24, the precious metal has settled into a tense standoff between 4,400 support and 4,600. Neither bulls nor bears have been willing to Read more…
Japan’s wage story continues to move in the direction the Bank of Japan has long hoped for. Nominal wages rose 3.5% yoy in April, accelerating from 3.1% yoy and beating market expectations of 3.2% yoy. Read more…