EURUSD is unfolding a corrective zigzag structure from the April 17, 2026 high. First, wave A ended at 1.1655, establishing the initial leg of the decline. Then, wave B rallied to 1.1796, as shown on Read more…
Key Takeaways Rising global bond yields and growing expectations of future Federal Reserve rate hikes are increasingly threatening the AI-driven technology rally, pressuring growth-stock valuations across global equity markets. Geopolitical tensions escalated sharply after a Read more…
Key Highlights Ethereum failed to stay above $2,250 and trimmed gains. A bullish trend line is forming with support at $2,100 on the daily chart of ETH/USD. Bitcoin price declined and settled below the $80,000 Read more…
Australian Dollar weakened broadly in the Asian session as renewed selloff in regional equities, disappointing Chinese data, and softer near-term RBA tightening expectations combined to undermine sentiment toward the currency. At the same time, elevated Read more…
RBA Chief Economist Sarah Hunter warned that Australia faces rising risks of entrenched inflation as higher fuel prices begin feeding through supply chains and lifting inflation expectations. Speaking at a Bloomberg event today, Hunter said Read more…
Minutes from the RBA’s May meeting suggested policymakers are leaning toward a pause in June after acknowledging that interest rates are now likely in restrictive territory. The Board raised the cash rate by 25bps to Read more…
Dell Technologies has been one of the loudest stories in AI infrastructure this year. The numbers behind the rally are real, but so is the debate about how much upside is left. That tension is Read more…
Australia’s consumer sentiment improved modestly in April as lower fuel prices helped ease part of the energy shock that hit households earlier this year, though confidence remained deeply pessimistic overall. Westpac Consumer Sentiment Index rose Read more…
Japan’s economy expanded faster than expected in the first quarter, suggesting domestic demand and exports were holding up well before the escalation of the Middle East conflict began weighing on the global outlook. GDP growth Read more…
Sydney – 4 and 5 May 2026 Members present Michele Bullock (Governor and Chair), Andrew Hauser (Deputy Governor and Deputy Chair), Marnie Baker AM, Renée Fry-McKibbin, Ian Harper AO, Carolyn Hewson AO, Bruce Preston, Iain Ross AO, Jenny Wilkinson PSM Others participating Sarah Hunter (Assistant Governor, Economic), Christopher Kent (Assistant Governor, Read more…