Hybrid – 1 March 2022 Members participating Philip Lowe (Governor and Chair), Guy Debelle (Deputy Governor), Mark Barnaba AM, Wendy Craik AM, Ian Harper AO, Carolyn Hewson AO, Steven Kennedy PSM, Carol Schwartz AO, Alison Read more…
For the two months of January and February, China industrial production grew 7.5% yoy, well above expectation of 3.9% yoy. That’s the fastest pace since June 2021. Retail sales rose 6.7% yoy, also well above Read more…
It seems unlikely that Jerome Powell and Company will rock the boat dramatically this week, but the US dollar could still gain ground – see why! When is the Fed meeting? The FOMC’s March monetary Read more…
As is often the case, Thursdays New Zealand’s quarterly GDP release follows hot on the heels of the FOMC meeting and a few hours before Australia’s monthly jobs data, likely making for a volatile session Read more…
Key Highlights GBP/USD extended decline and tested the 1.3000 support zone. A key declining channel is forming with resistance near 1.3140 on the 4-hours chart. EUR/USD is facing a strong resistance near 1.1050 and 1.1080. Read more…
Global recovery to support a US dollar downtrend in 2022/23 as risks clear. To say that the past month has been tumultuous for global markets is clearly an understatement, with Russia’s invasion of Ukraine and Read more…
Short Term Elliott Wave View in Silver (XAGUSD) suggests the rally from December 15, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from December 15, wave 1 ended at 23.43 Read more…
Supply chain concerns were so last week it seems, with a bulk of key commodity markets (including gold) moving lower. Monday US cash market close: The Dow Jones Industrial fell 105 points (0%) to close Read more…
The social media giant has made a very significant change in its content moderation policy regarding the Russian invasion of Ukraine. Facebook plays a central role in social interactions. The company has never ceased to promote Read more…
The Hummer EV Edition 1 Pickup has a hefty price tag in the resale market. Talk about sticker shock. General Motors (GM) – Get General Motors Company Report started deliveries of its Hummer EV Edition 1 Pickup Read more…