Key takeaways The reopening of the Strait of Hormuz has accelerated the unwinding of the geopolitical risk premium. Crude oil has fallen sharply, with WTI posting a 10% weekly decline as Gulf oil exports resume Read more…
EURUSD: ⬇️ Sell – EURUSD broke support zone – Likely to fall to support level 1.1400 EURUSD currency pair recently broke the support zone between the strong support level 1.1500 (which has been reversing the Read more…
GBPUSD: ⬇️ Sell – GBPUSD broke support zone – Likely to fall to support level 1.3160 GBPUSD currency pair recently broke the support zone between the support level 1.3300 (which stopped the previous impulse wave Read more…
Juneteenth has become a significant date on the American calendar, commemorating the end of slavery in the United States and marking the nation’s newest federal holiday. As Americans prepare for the holiday, investors may be 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 the spring grows warmer by Read more…
EUR/GBP’s advance this week is telling a bigger story than simple Euro strength. What markets are really pricing is a fading belief that the Bank of England will need to deliver significantly more tightening than Read more…
Japan’s core consumer inflation remained unchanged at 1.4% yoy in May, matching expectations and staying below the Bank of Japan’s 2% target for a fourth consecutive month. Headline CPI edged up from 1.4% yoy to Read more…
New Zealand recorded a goods trade surplus of NZD 800m in May, slightly below expectations of NZD 875m, as strong export growth was more than offset by an even larger increase in imports. Goods exports Read more…
We expect May CPI to fall -0.3%mth, which will still see the annual pace lift to 4.4%yr. On a seasonally adjusted basis, we pencil in a modest 0.2%mth rise. Transport is expected to again be Read more…
Key insights from the week that was. The RBA Monetary Policy Board (MPB) unanimously decided to leave the cash rate unchanged at 4.35% this week, as widely expected. However, in the subsequent communications, the MPB Read more…