Australia Westpac-MI leading index dropped from 1.69% to 0.88% in April. Westpac recently revised down growth forecast for 2022 from 5.5% to 4.5%, reflecting the sharp increase in cost of living, and an earlier and more rapid RBA tightening policy. As for RBA meeting on June 7, Westpac expects the central bank to hike by […]
The post Australia Westpac leading index dropped to 0.88%, expects 40bps RBA hike in Jun appeared first on Action Forex.
Markets Tomorrow’s FOMC meeting has been somewhat overlooked recently. The US central bank started 2026 on the back of three consecutive 25 bps rate cuts as downside employment risks warranted pre-emptive action on the notion Read more…
Market Picture Crypto market capitalisation increased by a further 2.7% in the last 24 hours, reaching $2.54 trillion. At its peak earlier in the day, the market climbed to $2.58 trillion, its highest since early Read more…
Costco has shared that it raises gas prices more slowly than it raises them. Basically, Costco takes a lower margin on gas sales while prices are rising, but makes that up as they fall. Former Read more…