Australia’s labor market delivered a strong headline in February, with employment rising by 48.9k, well above expectations of 20k. However, the details painted a softer picture, as the unemployment rate jumped from 4.1% to 4.3%, Read more…
New Zealand’s economy expanded by just 0.2% qoq in Q4, missing expectations of 0.4% qoq and slowing sharply from Q3’s 0.9% qoq pace. On an annual basis, GDP rose 0.2% yoy, marking the first year-on-year Read more…
Key Highlights GBP/USD extended losses and traded below 1.3300. A key bearish trend line is forming with resistance at 1.3380 on the 4-hour chart. EUR/USD seems to be facing resistance near 1.1550 and 1.1565. Gold Read more…
New Zealand’s GDP rose by 0.2% in the December quarter. While less than forecast, the figures support the story that the economy was regaining some momentum before the latest oil shock hit. Key results Quarterly Read more…
Productivity is set to benefit US GDP growth and inflation over the forecast period. Inflation expectations are not a concern for the FOMC, in stark contrast to the RBA. The US FOMC marked time at Read more…
Optionality maintained. As expected, the FOMC left the fed funds rate unchanged at 3.50%-3.75% at its March meeting and was careful not to hint at the timing of future adjustments. The statement reaffirmed the FOMC’s Read more…
The Fed maintained its monetary policy unchanged in March, as widely expected by both consensus and markets. Powell refrained from strong forward guidance but appeared more concerned about inflation than downside risks to growth. Median Read more…
Brent Crude Oil: ⬆️ Buy Brent Crude Oil broke resistance level 102.90 Likely to rise to resistance level 110.00 Brent Crude Oil today broke above the between the resistance level 102.90, which reversed the price Read more…
Bitcoin: ⬇️ Sell Bitcoin reversed from resistance area Likely to fall to support level 67070.00 Bitcoin cryptocurrency recently reversed from the resistance area between the resistance level 75000 00 (which stopped wave ii at the 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 sale With spring in the air, the Read more…