Forex
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
Australia Judo Bank Composite PMI up to 52.4 in March from previous 52.1
Australia Judo Bank Composite PMI up to 52.4 in March from previous 52.1
New Zealand Q4 2023 GDP -0.1% q/q (vs. +0.1% expected)
Bids hit in NZD with the economic growth data for the final quarter of 2023 missing estimates. There are some signs that growth...
New Zealand Gross Domestic Product (QoQ) below forecasts (0.1%) in 4Q: Actual (-0.1%)
New Zealand Gross Domestic Product (QoQ) below forecasts (0.1%) in 4Q: Actual (-0.1%)
