Key Highlights GBP/USD started a fresh decline and traded below 1.3320. It traded below a bullish trend line with support at 1.3290 on the 4-hour chart. EUR/USD remained in a bearish zone below 1.1580. WTI Read more…
New Zealand’s business confidence deteriorated sharply in March, with ANZ Business Confidence falling from 59.2 to 32.5 as geopolitical tensions disrupted the recovery narrative. The decline was even more pronounced in late-month responses, which averaged Read more…
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Japan’s industrial production contracted -2.1% mom in February, matching expectations and marking the first decline in three months. The drop was driven largely by weaker automobile output, with production falling across 12 of 15 sectors. Read more…
Japan’s Tokyo CPI data for March showed further easing in inflation, with core CPI (ex-fresh food) slipping from 1.8% yoy to 1.7% yoy, below expectations of 1.8% yoy. The reading marks the lowest level since Read more…
Business confidence understandably fell in March, particularly later in the month as the consequences of the Middle East conflict for New Zealand became more apparent. Key results, March 2026 Business confidence: 32.5 (Prev: 59.2) Expectations Read more…
We are now officially entering the fifth week of the US-Iran-Israel conflict, which sent bombs flying all over the Middle East, but more concerningly, sent Global Assets flying all over. The main culprit was Crude Read more…
Geopolitical shocks, including the Middle East conflict and $100+ oil, have created inflationary pressure, pushing the Federal Reserve toward a “higher-for-longer” interest rate scenario. US equities are facing a valuation test due to the lingering Read more…
GBPUSD: ⬇️ Sell GBPUSD broke support level 1.3220 Likely to fall to support level 1.3100 GBPUSD currency pair recently broke below the strong support level 1.3220 (which has been reversing the price from November of Read more…
American Express is set to make its biggest change to its flagship card product since it was refreshed last year. On Jul. 1, the company will remove the Shop Saks benefit from the Platinum Card Read more…