Archive 3 Columns
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USD/JPY plunges after Fed delivers 50 bps rate cut
USD/JPY plummed the depths of 140.80 on Wednesday after the Federal Reserve (Fed) dropped a 50 bps rate cut on markets.
Westpac revise its RBA forecast – see later but faster interest rate cuts
Westpac were forecasting a February 2025 rate cut but have pushed that out to May 2025.In brief:We have revised our view of the...
New Zealand Dollar gathers strength to ten-week highs on weaker US Dollar
The New Zealand Dollar (NZD) edges higher on Wednesday as the USD Index (DXY) extended its decline to near yearly lows.
Solana Foundation Asserts Core Network Should Be Permissionless Regarding Offensive Meme Coin Issues
The Solana Foundation has given its take on the offensive meme coin issue that originates on the Solana blockchain. Austin Federa, head of...
Gold surges amid geopolitical tensions as US yields fall
Gold prices climbed late on Thursday as US Treasury yields dropped on demand for safe-haven assets.
United States New Home Sales (MoM) came in at 0.664M, above forecasts (0.65M) in November
United States New Home Sales (MoM) came in at 0.664M, above forecasts (0.65M) in November
Dow Jones Industrial Average coils ahead of Jackson Hole
The Dow Jones Industrial Average is churning in the midrange on Wednesday as markets buckle down for the wait to the kickoff of...
Johnson & Johnson stock reaches 52-week low as markets fall
Johnson & Johnson (JNJ) stock descended to its lowest price level in over four years on Wednesday as the broad stock market indices...
Deutsche now sees the ECB delivering 75 bps worth of rate cuts for this year
It's a better late than never change of heart from Deutsche I guess. The 75 bps total fits well with what traders have...