Key Highlights Russia-Ukraine tension pushed oil price above $100. It broke a major bearish trend line at $90.00 on the monthly chart. EUR/USD is struggling to stay above the 1.1120 support. The US ADP Employment could increase 388K in Feb 2022. Crude Oil Price Technical Analysis In the past few months, crude oil price saw […]
The post Crude Oil Price Clears $100, Why Bulls Are Not Done Yet appeared first on Action Forex.
New Zealand’s goods exports increased by 7.5% yoy in October, reaching NZD 5.8B, while total goods imports rose by 3.0% yoy to NZD 7.3B. This resulted in a trade deficit of NZD -1.54B, which, although Read more…
New Zealand’s retail sales volume for Q3 showed a marginal decline of -0.1% qoq, a better outcome than the expected -0.5% qoq contraction. However, the data revealed underlying weakness, as retail sales excluding autos fell Read more…
Retail sales fell 0.1% in the September quarter, a smaller drop than we expected. Retail spending remains soft, but is likely to firm over the coming months. September quarter retail sales (volume of good sold): Read more…