NZD/USD’s decline resumes today and hit as low as 0.6420 so far. The weakness in Kiwi is mainly due to external factors, rather than domestic ones. The economy remains strong while RBNZ is expected to Read more…
Japan PMI Manufacturing was finalized at 53.5 in April, down from March’s 54.1. Au Jibun Bank said growth in output levels was unchanged as new orders expansion slowed. Factory gate charges were in record rise Read more…
In an interview published on Sunday, ECB Vice President Luis de Guindos reiterated that ECB decided to end asset purchases in Q3. “In my opinion, there’s no reason why this shouldn’t happen in July,” he Read more…
Key Highlights EUR/USD tumbled below 1.0650 and 1.0550. It traded to a new multi-month low below 1.0480. GBP/USD fell sharply and tested 1.2440, while USD/JPY jumped above 131.00. The US ISM Manufacturing Index could increase Read more…
After the worst month for US equities since 2008, culminating in a dark day for risk on Friday, the market faces the start of May with some sizeable landmines to navigate – we look at Read more…
Children ages 6 months to under 6 years may soon have access to a Covid-19 vaccine that has been submitted to the FDA for emergency use authorization. The volatility in the number of new Covid-19 Read more…
Tesla CEO has established himself as the most influential voice in business in recent months. Elon Musk is the new Oracle. This title which is accompanied by the respect of both Wall Street and Main Read more…
It’s a new development to rival Caesars and MGM’s offerings, but does Las Vegas actually need it? The Las Vegas Strip has more than just casinos. Sure, that famous 4.2-mile section of road gets its Read more…
Both fast-food chains have been inventive when it comes to taking the fight to Burger King and McDonald’s. For decades, fast food has largely been about the food. Chains like McDonald’s (MCD) – Get McDonald’s Read more…