Markets digested a surprise rate hike from Australia’s central bank while technology stocks tumbled sharply on fears that AI automation tools could disrupt traditional software business models. Geopolitical tensions in the Middle East lifted oil prices even as equity markets rotated from growth to value. Check out the forex news and economic updates you may have missed in the…
Rose 2.0% m/m in January prior -2.1% In NZD terms the index rose 1.3% m/m stronger NZD offsetting higher commodity prices overseas Earlier: New Zealand jobs report shows firmer hiring but unemployment edges to a 10 year high This article was written by Eamonn Sheridan at investinglive.com.
The Pound Sterling (GBP) traded in a narrow range against the US Dollar (USD) on Tuesday, edging modestly higher to near 1.3700 as markets adopted a cautious stance ahead of the Bank of England’s (BoE) first policy decision of 2026. GBP/USD opened the session at 1.3665 and touched an intraday high near 1.3707, with the pair consolidating below the…
Australia’s December CPI report came in significantly hotter than expected, briefly spurring Aussie rallies before mixed market dynamics and FOMC uncertainty created choppy price action ahead of the Federal Reserve’s policy decision. Which AUD strategies moved beyond the watchlist stage, and how did the combination of sticky inflation data and evolving risk sentiment impact the outcomes? Watchlists are price…
Markets: Gold up $271 to $4935 WTI crude up $1.85 to $64.01 US 10-year yields flat at 4.26% S&P 500 down 0.8% AUD leads, JPY lags It was another day of huge market moves and volatility. It started out once again in precious metals as gold and silver bounced back in a big way. Silver was up more than…
Here is what you need to know on Wednesday, February 4: The Reserve Bank of Australia (RBA) raised its interest rate by 25 basis points to 3.85%, aligning with market expectations. The RBA’s hawkish tone indicates that inflation pressures are likely to persist, suggesting further policy tightening may be on the horizon. The market is currently pricing in another…
2026.02.03 2026.02.03 Greenback Gains Ground Amid Shutdown And Strong Data. Forecast as of 03.02.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Investors fear a repeat of the US dollar sell-offs of the 1980s and 2000s. Therefore, the slightest signals are a reason to buy the EUR/USD pair. Conversely, when they do not occur, the pair falls. Let’s discuss this topic and make a trading…
New Zealand’s upcoming quarterly jobs report could reveal more green shoots in the economy, supporting the case for its central bank to turn less dovish. What are markets expecting, and how can you trade the event? Here are the points you need to know! This Article Is For Premium Members Only Become a Premium member for full…
Oil prices have jumped on this headline and stocks are at the lows of the day. The latter was already underway but the oil price jump was more noticeable. The market is acting like this was some kind of averted Pearl Harbor when it was probably a drone miles away. I wouldn’t get too excited about this. The report…
The recent de-escalation of trade tensions between Canada and China is expected to provide relief for Canadian agricultural exporters, particularly in the Prairies and coastal regions. China will reduce tariffs on Canadian seafood, peas, and canola meal, while Canada will lower tariffs on imports of Chinese electric vehicles. However, uncertainties remain regarding the durability of this truce and its…
