As the release of the final partials yesterday warned, Australian Q1 2022 Australian GDP has beaten expectations, rising by a solid 0.8% QoQ and 3.3% YoY, despite the impact of Omicron and the devastating rains and floods that hit the East Coast. Within the details, Australia’s Terms of Trade rose 5.9%, with export (+9.6%) and […]
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Daily Pivots: (S1) 0.8282; (P) 0.8298; (R1) 0.8308; More… Intraday bias in EUR/GBP remains neutral as range trading continues. Further decline is expected with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will Read more…
Markets Yesterday’s shock decision by South Korean president Yoon of the conservative People Power Party to declare martial law spiced up an otherwise uneventful trading session. Yoon backtracked after parliament voted unanimously against. The opposition, Read more…
South Korea briefly stole the light from the French political chaos after President Yoon suddenly imposed the martial law yesterday accusing the opposition party – which holds the majority in the parliament – of paralysing Read more…