After completing the correction at $4098.74 on the March 23 low, Gold (XAUUSD) initiated a rally in a clear impulsive structure. From that level, wave (1) advanced and concluded at $4890.97. The subsequent pullback in Read more…
Key Takeaways Brent crude oil surged above $106/bbl as the prolonged Iran conflict and continued Strait of Hormuz disruption reinforced fears of persistent global energy supply shortages and inflation pressures. The Federal Reserve maintained its Read more…
USD/JPY is once again approaching territory that could force Japanese authorities into difficult decisions. The pair surged through 158 on Friday as broad Dollar strength combined with another sharp rise in US Treasury yields. The Read more…
Key insights from the week that was. The 2026/27 Federal Budget was the main event in Australia this week. Our bulletin provides a detailed view of the Government’s fiscal position, policy measures and economic expectations Read more…
Key Highlights USD/JPY started a decent upward move above 157.20. A key rising channel is forming with support at 157.65 on the 4-hour chart. EUR/USD could extend losses if it settles below 1.1650. GBP/USD corrected Read more…
Japan’s wholesale inflation accelerated sharply in April, adding to expectations that the Bank of Japan could move toward another rate hike as early as June. The Corporate Goods Price Index rose 4.9% yoy, accelerating from Read more…
New Zealand’s manufacturing sector lost significant momentum in April, with the BusinessNZ Performance of Manufacturing Index falling from 52.8 to 50.5, only marginally above the breakeven 50 level that separates expansion from contraction. The details Read more…
Federal Reserve Governor Michael Barr warned Thursday that efforts to shrink the Fed’s balance sheet by easing bank liquidity requirements would be misguided and could ultimately weaken financial stability. Speaking in New York, Barr pushed Read more…
Toyota Motor (TM) and Tesla (TSLA) are generally seen as rivals in the global auto business. Toyota is the manufacturing powerhouse, selling more than 11 million automobiles a year in almost every major market. Tesla Read more…
New York Fed President John Williams signaled Thursday that he remains comfortable keeping interest rates unchanged for now, arguing that policymakers are still waiting to see how inflation pressures tied to the Middle East conflict Read more…