Forex
Australia’s Judo Bank PMIs come in mixed as Services PMI rises, Manufacturing PMI eases
Australia's Judo Bank Purchasing Managers Index (PMI) came in mixed in the early Thursday market session, with a lift in the Services component...
NZD/USD trades strongly below 0.6100 following New Zealand GDP data
The NZD/USD pair trades on a stronger note below the 0.6100 mark during the early Asian session on Thursday.
FOMC Holds Rates Steady, Raises 2024 GDP & Inflation Outlook
The Federal Reserve Open Market Committee gave their latest monetary policy statement today, holding the target range at 5.25% to 5.5%, as widely...
Fed ‘insider’ Timiraos says Fed’s outlook has not changed since December: 3 cuts in ’24
This from the Wall Street Journal's Nick Timiraos. He's being a big tongue-in-cheek but even so he makes an excellent point about overshoot...
Gold price surging higher in thin trade
Gold was a beneficiary of the FOMC and Powell today, adding to its recent gains. And those have extended.This is a very thin...
Goldman Sachs have 3 three takeaways from Powell’s press conference
Goldman Sachs on their 3 "three takeaways from Powell's press conference:First, Powell was not concerned by the firmer January and February inflation data....
New Zealand GDP surprises to the downside, shallow recovery to -0.1% from -0.3%
New Zealand's Gross Domestic Product (GDP) contracted another -0.1% in the fourth quarter, recovering from the previous quarter's -0.3% but missing the median...
Australian March preliminary PMIs show manufacturing lower on the month & services higher
Little response from the AUD on the flash PMIs for March. This article was written by Eamonn Sheridan at www.forexlive.com.
Australia Judo Bank Manufacturing PMI: 46.8 (March) vs previous 47.8
Australia Judo Bank Manufacturing PMI: 46.8 (March) vs previous 47.8
Australia Judo Bank Services PMI: 53.5 (March) vs 53.1
Australia Judo Bank Services PMI: 53.5 (March) vs 53.1
