Key takeaways Global stock markets staged a powerful relief rally after President Trump signalled that a comprehensive peace agreement between the US and Iran could be reached soon, triggering a sharp 6% decline in crude 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 Something about the influx of warm Read more…
WTI Light Crude Oil (CL) maintains a bearish sequence that began from the May 19, 2026 high. The decline from that peak produced wave 1 at $86.35, followed by a corrective rally in wave 2. Read more…
Financial markets staged a powerful relief rally after US President Donald Trump abruptly called off planned military strikes against Iran and declared that diplomatic discussions had reached the “highest level of Iranian leadership.” Trump later Read more…
Key Highlights USD/JPY corrected some gains but found support at 159.55. It traded below a bullish trend line with support at 160.20 on the 4-hour chart. Bitcoin could start a recovery wave if it clears Read more…
New Zealand’s manufacturing sector slipped back into contraction in May, with the BNZ-BusinessNZ Performance of Manufacturing Index falling from 50.4 to 49.9. While the decline was modest, it marked a notable loss of momentum from Read more…
The ECB hiked policy rates by 25bp as expected, bringing the deposit rate to 2.25% at the June meeting. Lagarde highlighted the robustness of the decision to hike rates across a range of scenarios, downplayed Read more…
We affirm our previously published view that the RBA will remain on hold in June, but increase rates in coming months given inflation risks. We affirm our existing expectation that the RBA Monetary Policy Board Read more…
Key insights from the week that was. Our latest Westpac-MI Consumer Sentiment Survey proves the tense backdrop of elevated inflation, restrictive interest rates and heightened economic and political uncertainty is weighing heavily on the consumer Read more…
AUDCAD: ⬆️ Buy – AUDCAD reversed from support zone – Likely to rise to resistance level 0.9945 AUDCAD currency pair recently reversed from the support zone between the support level 0.9761 (former resistance from February Read more…