In April, New Zealand’s goods exports fell by -2.6% yoy to NZD 6.4B, while goods imports decreased by -0.7% yoy to NZD 6.3B. Contrary to expectations of a NZD -202m deficit, trade balance recorded a Read more…
Atlanta Fed President Raphael Bostic emphasized caution regarding interest rate cuts, stating that the US economy is not yet past the “worry point” for inflation to return to the target of 2%. Speaking at an Read more…
Households are cutting consumption in a textbook response to higher interest rates. This, and a likely future of inflationary supply shocks, warrants a more coherent design to fiscal and monetary policy frameworks. This week saw Read more…
Key Highlights USD/JPY started a fresh increase above the 156.00 resistance. It broke a major contracting triangle with resistance at 156.10 on the 4-hour chart. Gold price declined heavily and moved in the red zone Read more…
NASDAQ 100 Index reversed from round resistance level 19000.00 Likely to fall to support level 18500.00 NASDAQ 100 Index today reversed down from the resistance area located between the round resistance level 19000.00 and the Read more…
EURGBP reversed from long-term support level 0.8500 Likely to test resistance level 0.8550 EURGBP currency pair today reversed up from the major long-term support level 0.8500 (which has been steadily reversing all downward impulse of Read more…
The Covid-19 pandemic had a severe effect on many businesses as the amount of Chapter 11 bankruptcy filings was significantly higher in 2020 compared to 2019. For example, bankruptcy filings by companies with asset value Read more…
People looking to purchase homes are finding that there are many available choices on the market, but not enough to meet demand, and that fact leads to higher prices. Personal finance author and radio host Read more…
The proverb has been traced to back to Aesop’s Fables, appears in Plato’s Republic and still holds true today. Any way you say it, the message is clear: Necessity is the mother of invention. Related: Read more…