Media release The Monetary Policy Committee today reached consensus to increase the OCR by 25 basis points to 2.50 percent. Following the partial reopening of the Strait of Hormuz, global oil prices have fallen markedly. Read more…
Reserve Bank of Australia Assistant Governor Sarah Hunter said central banks cannot automatically dismiss inflation caused by supply shocks, arguing that persistent disruptions may still require a monetary policy response. “While supply shocks create difficult Read more…
Bank of Japan board member Toichiro Asada said he would only support another interest rate hike once inflation is clearly being driven by stronger domestic demand rather than temporary cost pressures. Speaking after dissenting against Read more…
USDCHF: ⬆️ Buy – USDCHF reversed from support zone – Likely to rise to resistance level 0.8130 USDCHF currency pair reversed from the support zone between the pivotal support level 0.8030 (former strong resistance from Read more…
Market Overview The crypto market capitalisation has risen by 2.3% over the past 24 hours to $2.19T. Still, we see the market’s ability to absorb the news of Strategy selling bitcoins from its reserves as Read more…
Wall Street loves a catalyst, and while earnings dates can slip and Federal Reserve meetings disappoint, a global sporting event shows up exactly on schedule, with billions of eyeballs and a thirst to match. For Read more…
The oil market rarely needs a translator. Producers hold meetings and publish statements, but the messages that matter are written in barrels shipped and invoices sent. When the people who control the world’s crude want Read more…
If you are working hard to stay away from debt but still find yourself tied to a monthly payment, you are not alone. But personal finance author and radio host Dave Ramsey often reminds his Read more…
Growth companies rarely get to enjoy their wins for long. Every milestone arrives with a bill attached, and the money to pay it has to come from somewhere. More often than not, it comes out Read more…
Time was, the future looked so bright for Meta Platforms that founder Mark Zuckerberg had to wear shades—AI-powered smart glasses, that is. In Zuckerberg’s words, 2023 wasn’t just Meta’s “year of efficiency” — it was Read more…