Following an impressive gain of +366k jobs in November, the Australian economy added another +64.8k job in December. The seasonally adjusted unemployment rate fell to 4.2% from 4.6%, its lowest level since pre the Global Read more…
In this note we set out some changes to our interest rate forecasts. In addition, we also assess the impact on economic growth of the omicron variant. Omicron is forecast to have its major impact Read more…
Unemployment fell to 4.2%, we did not expected to see it that low till May. The very solid update in November has been followed by a sound gain December highlighting a labour market continues to Read more…
Key Highlights Crude oil price started a fresh increase above the $80.00 resistance. A key bullish trend line is forming with support near $83.50 on the 4-hours chart of XTI/USD. EUR/USD declined to 1.1310, and Read more…
When gold rises, usually it is because of a weaker dollar. Although the Dollar Index did pull back a little today, it was still comfortably above the low of 94.60ish it hit earlier this month. Read more…
Gold broke resistance level 1825.00 Likely to rise to resistance level 1860.00 Gold continues to rise after the earlier breakout of the resistance level 1825.00 (top of the previous impulse wave (i)), intersecting with the Read more…
EURCAD reversed from key support level 1.4170 Likely to rise to resistance level 1.4250 EURCAD recently reversed up from the key support level 1.4170 (previous Double Bottom from November), – strengthened by the lower daily Read more…
Some experts predict a lull in the Covid pandemic after the omicron strain passes, with more people having immunity. Some experts predict a lull in the Covid pandemic after the omicron strain passes, which would Read more…
Airline tops revenue estimates and posts narrower-than-expected fourth-quarter loss. United Airlines said it is delaying planned capacity increases until later this year, blaming the omicron variant of covid for weaker demand in the current quarter. Read more…