The Aussie tried to rally on improving global sentiment. Australia’s economy had other ideas. AUD/USD bounced earlier today as markets reacted positively to signs that Washington and Tehran may be moving closer toward a diplomatic Read more…
Australia’s labor market weakened sharply in April as employment unexpectedly contracted and the unemployment rate climbed to its highest level since 2021, reinforcing signs that higher interest rates and slowing demand are beginning to weigh Read more…
Japan’s private sector growth slowed in May as momentum weakened across both manufacturing and services activity, though the economy continued expanding overall thanks to resilient factory output. Flash Japan Composite PMI Output Index eased from Read more…
Millions of retirees hold their savings in 401(k) plans, but cannot use those funds for tax-free charitable donations under current federal law. A bipartisan bill introduced in both chambers of Congress on May 13, 2026, Read more…
Australia’s private sector slipped back into contraction in May as weakening demand, softer employment conditions, and persistent energy-related cost pressures weighed heavily on business activity. Flash Australia Composite PMI Output Index fell from 50.4 to Read more…
The Federal Reserve’s April meeting minutes revealed a central bank increasingly divided over how long interest rates may need to stay elevated as inflation risks tied to tariffs and the Middle East conflict continue building. Read more…
April 28–29, 2026 A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, April Read more…
In recent days, forex markets have seen a strong increase in activity, moving away from their earlier steady trends. The confirmation of Kevin Warsh as the next Federal Reserve Chair added volatility, but today’s trading Read more…
Stock markets are back on a happy ride after President Trump revealed that the US-Iran deal was in its final stages. Both the Nasdaq and the Dow Jones are taking a fast-speed route to new Read more…
The Federal Reserve Open Market Committee (FOMC) held the federal funds rate at a target range of 3.50% to 3.75% in April. The minutes showed that the committee remains concerned about inflation staying above the Read more…