As expected by Westpac and the market, the RBNZ lifted the OCR by 25bps to 2.75%. The decision was reached by consensus. The RBNZ’s revised OCR forecasts are little changed from May and in the Read more…
The US dollar continues to strengthen following its previous period of weakness, gradually recovering ground against the major currencies. Today, market attention will be focused on the preliminary ADP employment figures for the US. According Read more…
Markets The ‘highest since’ narrative on global bond markets yesterday simply continued. This time it was again mostly a further rise in energy prices due to a new intensification of the Iran conflict that served Read more…
BoJ board member Hajime Takata called for a more flexible and potentially faster pace of tightening on Wednesday in a speech to local business leaders in Sapporo, arguing that Japan has entered a new monetary-policy Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal As grateful as we were to Read more…
In focus today In the US, ADP private sector employment growth for August is due. Private sector employment moderated during the summer. Weekly ADP estimates have recently pointed to slightly higher job creation, suggesting a Read more…
Hello, fellow traders. In this technical blog, we’ll take a quick look at the latest Elliott Wave analysis for BTCUSD, published in the members’ area of the website. Bitcoin has been showing clear bullish impulsive Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Keeping your home organized is easier Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Some would say that an outfit’s Read more…
As expected, the RBNZ hiked the OCR 25 bps to 2.75% at today’s meeting. Our forecast remains for a hold in October and a hike in December. We see this as an appropriately balanced statement. Read more…