New Zealand ANZ business confidence dropped slightly from -41.9 to -42.0 in April. Own activity outlook rose from 3.3 to 8.0. Export intentions rose from 7.9 to 9.5. Investment intentions dropped from 5.2 to 3.1. Read more…
New Zealand goods exports rose 17% yoy to NZD 6.7B in March. Goods imports rose 25% yoy to NZD 7.1B. Trade balance was a deficit of NZD -392m, versus expectation of NZD -648m. As a Read more…
DXY: On the H4, with price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop from our 1st resistance at 103.282 where the 78.6% Fibonacci retracement is to Read more…
Key Highlights Crude oil price found support near $95.50 and corrected higher. It broke a key bearish trend line with resistance near $100.10 on the 4-hours chart. Gold price could extend losses below $1,890 and Read more…
Short term view in Dollar Index (DXY) suggests the cycle from March 30, 2022 low is ongoing as an impulse Elliott Wave structure. Up from March 30 low, wave (i) ended at 100.52 and pullback Read more…
The average 30-year mortgage rate for the week ending April 22nd rose to 5.37% from 5.2% the week prior. This was the highest level since 2009! In addition, mortgage rate applications for the same week Read more…
And you’ll be amazed at what he plans to do with it. Elon Musk’s addiction to continuous attention shows no signs of slowing down. The Tesla (TSLA) – Get Tesla Inc Report CEO and the world’s Read more…
The billionaire and CEO of the premium electric vehicle maker just spent most of April discussing another company. Elon Musk is everywhere. The billionaire has almost stolen the bill from all the rest of the Read more…
Investors in Donald Trump’s social media venture may have reason to cheer, at least for the moment. Ever since Twitter (TWTR) – Get Twitter, Inc. Report accepted Tesla (TSLA) – Get Tesla Inc Report and SpaceX Chief Read more…