Markets The first quarter of the year ends completely different than how it started. US president Trump’s pro-growth policy agenda generated a lot of market optimism all the way through January-February. Then things started unravelling fast. Concerns grew over the US administration’s isolationist-protectionist stance, geopolitically and economically, while inconsistent communication & seemingly haphazard decision-making sows […]
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Chicago Fed President Austan Goolsbee acknowledged in a Fox News interview that while hard data, like the low 4.1% unemployment rate, still point to economic resilience, soft data are painting a gloomier picture. Goolsbee highlighted Read more…
We expect the OCR will be cut 25bp to 3.5%. The RBNZ will retain an easing bias. Global uncertainties and the perception the OCR is above the neutral rate will drive the easing bias. We Read more…
GBPAUD: ⬇️ Sell GBPAUD reversed from long-term resistance level 2.0820 Likely to fall to support level 2.030 GBPAUD currency pair recently reversed from the resistance area located between the long-term resistance level 2.0820 (former multiyear Read more…