A simple visual of the daily chart of any of the commodity currencies vs JPY is just too compelling and the counter-trend traders are stepping in to fade this move. I won’t critique that judgement, Read more…
Key insights from the week that was. The key release for Australia this week was not a data point but a preview, with Westpac Economics outlining our expectations for Budget 2022, brought forward to March Read more…
Last week’s FOMC meeting delivered a 25bp rate hike and a clear signal that balance sheet normalisation will begin in Q2. The surprise for us was the Committee’s decision to narrow their focus for policy Read more…
Spot natural gas trades at 7 week high Natural gas prices are trading up 4% so far today and are at the highest level since early February. Putting this into context spot natural gas prices Read more…
Investors who were unease about the ongoing Russia/Ukraine conflict now have even more to worry about. US President Joe Biden traveled to Europe this week to meet with NATO allies and discuss the situation. After Read more…
AUDJPY has recorded a multi-year high of 91.75 just beneath the 91.88-92.68 resistance region formed by the August 2015 highs. The upturn of the simple moving averages (SMAs) reflects the surge in bullish momentum after Read more…
Says in leaked email that they will make it easier to hire desperate paycheck-to-paycheck employees at lower wages. An executive at a company that operates Applebee’s and Taco Bell franchises in several states has reportedly Read more…
Jim Cramer says fund managers are looking for stocks that have been beaten down big, but still represent value. How do you explain Thursday’s rotating bull market? Just ask the hedge funds, Jim Cramer told Read more…
Two U.S. men were charged in connection to a “rug pull” scheme that misled hopeful NFT buyers. With popular NFTs selling within minutes for hundreds of thousands of dollars, the potential for scams is also Read more…