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New Zealand’s labor market delivered a stronger-than-expected employment report for the second quarter, reinforcing the case for further RBNZ tightening even as the unemployment rate rose. Employment increased 0.5% qoq, comfortably beating expectations of 0.1%, Read more…
Key Highlights WTI Crude Oil started a fresh decline from the $94.00 zone. A bearish trend line is forming with resistance at $80.50 on the 4-hour chart of XTI/USD. Gold prices are consolidating and might Read more…
Highlights Oil prices remain hostage to geopolitics as markets continue to swing between de-escalation hopes and renewed shipping disruptions. The oil market has leaned on several mechanisms to absorb the shock. Key buffers like inventory Read more…