Markets are treading water in the Asian session today, with most asset classes trading mixed and within familiar ranges. While US equities closed higher overnight, much of the early gains were pared back, signaling the Read more…
Lock it in, no need to wait for the CPI: RBA Monetary Policy Board expected to cut by 25bps at its 20 May meeting. For the past several quarters, the near-term outlook for RBA policy Read more…
It was another day of trade tariffs “drama” within the US White House administration. Yesterday, 23 April, the Wall Street Journal reported that the White House is considering cutting the steep tariffs on Chinese imports Read more…
Nada Choueiri, deputy director of IMF’s Asia Pacific Department, told Reuters that BoJ is likely to delay further interest rate hikes as heightened uncertainty from US tariff policy weighs on business sentiment and economic outlook. Read more…
The latest Fed Beige Book painted a picture of a stagnating US economy, with activity described as “little changed” across most of the country. Of the 12 Districts, only five reported slight growth, while three Read more…
BoE Governor Andrew Bailey emphasized the growing downside risks to UK growth stemming from US President Donald Trump’s tariff policies. Speaking at an IIF conference, Bailey said, “We do have to take very seriously the Read more…
Speaking at an IIF conference overnight, ECB Chief Economist Philip Lane downplayed concerns over recent portfolio shifts away from US Dollar assets, suggesting the move may reflect a normalization rather than a structural retreat. Lane Read more…
Dutch ECB Governing Council member Klaas Knot noted that the combination of US tariffs, a stronger Euro, and falling energy prices could push eurozone inflation lower than expected in the short term. “The strong euro, Read more…
Key Highlights Ethereum rallied over 15% and cleared the $1,750 resistance. ETH surpassed a key bearish trend line with resistance at $1,640 on the daily chart. Bitcoin price also rallied and surpassed the $93,500 resistance. Read more…
EURCHF: ⬆️ Buy EURCHF broke the resistance area Likely to rise to resistance level 0.9500 EURCHF currency pair recently broke the resistance area between the resistance level 0.9365 (former strong support from the start of Read more…