The Market is turning bleak in this morning’s action as Oil rallies to fresh highs yet again. Our past-day Oil analysis saw rangebound action to potentially turn into a grind higher, which realized quicker than most expected! The commodity is up close to 10% on the day, slowly but surely extending to the $98-$100 Resistance. […]
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New Zealand’s manufacturing sector continued to expand in February, with BusinessNZ Performance of Manufacturing Index edging slightly lower from 55.1 to 55.0. While the headline reading dipped marginally, the index remains comfortably above the 50 Read more…
Key insights from the week that was. The Westpac-MI Consumer Sentiment Index lifted modestly in March, up 1.2% to 91.6, still an outright pessimistic reading. The latest survey was in the field over the week Read more…