The RBNZ’s February economic outlook was a mix of optimism and pessimism. The implications are a higher bar for an early start to OCR increases and a bias towards a weaker exchange rate. The RBNZ’s Read more…
Japan’s headline CPI slowed to 1.5% yoy in January from 2.1%, falling below the BoJ’s 2% target for the first time in 45 months. Core CPI (excluding fresh food) declined to 2.0% from 2.4%, while Read more…
Japan’s private sector gathered further momentum in February, with PMI Manufacturing rising from 51.5 to 52.8 and PMI Services edging up to 53.8. PMI Composite climbed from 53.1 to 53.8, marking the strongest expansion since Read more…
Australia’s February flash PMIs signaled a slowdown in private sector momentum. PMI Manufacturing slipped from 52.3 to 51.5, while PMI Services dropped sharply from 56.3 to 52.2. As a result, PMI Composite fell from 55.7 Read more…
The private credit market is facing a new pressure point as Blue Owl Capital (OWL) faces a surge in redemption requests and public scrutiny over loan valuations. The recent scrutiny over SaaS exposure in large Read more…
New Zealand’s goods exports rose 2.6% yoy in January to NZD 6.2B, up NZD 157m from a year earlier. Goods imports increased 1.9% yoy to NZD 6.7B, up NZD 126m. The result was a monthly Read more…
Key insights from the week that was. In Australia, the data release of the week was the January Labour Force Survey which reported a +17.8k lift in employment, in line with the market’s expectation. While Read more…
Full employment objectives for central banks are common and long-standing. They are harder to assess than inflation objectives, and evolve as our understanding of the economy improves. Full employment objectives for central banks are common Read more…
2025 was the year of the Swiss Franc, and there were quite a few reasons. De-dollarization, flows moving towards Europe, the Yen losing some of its Safe-Haven characteristics amid fiscal trouble in Japan, and general Read more…
Oil breaks higher during overnight trading as pressure mounts ahead of the weekend. WTI attempts a retest of its January highs with tensions not easing. Exploring an in-depth Technical Analysis of the commodity. Betting on Read more…