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Following the FOMC and ECB decisions last week, the central bank torch will now be passed to the BoE, which will deliver its decision on Thursday. A 25bps hike is mostly priced in, so the spotlight...
First Republic Bank’s shares plunge NZD/USD falls to a one-month low New Zealand releases business confidence on Thursday First Republic Bank woes continueHas the bank crisis resurfaced? There...
The Reserve Bank of New Zealand made another rate hike of 50 points to 5.25%. Contrary to forecasts of a 25-point rate hike and the global trend towards a slowdown in policy tightening, the RBNZ has...
US job openings fall to the lowest since May 2021Wall Street slips as data revives recession fearsGold rallies above $2,000 as Fed pivot bets intensifyNew Zealand dollar rallies after RBNZ hikes by...
Contraction in US manufacturing emboldens bets for Fed cutsDollar slides, stock markets rally with boost from energy sharesRBA hits ‘stop’ button on rates, RBNZ decision coming up next...
With the banking turmoil receding, market participants will turn their attention back to economic releases. The spotlight will fall on the US employment report, where another strong reading could...
The dollar and the yen Wednesday’s main gainersFranc and euro lose the most ground on Credit Suisse falloutECB decides on interest rates, with investors split on hike sizeWall Street pares...
The US inflation report and the European Central Bank’s policy meeting will share the limelight next week amid another round of ratcheting up of rate hike expectations by investors. Other...
Dollar slips as Chinese PMIs spark risk-on moodBut pares losses after ISM manufacturing PMI dataEuro traders await Eurozone inflation numbersRising Fed hike bets hurt Wall StreetDollar drops on China...
Strong China factory data boosts equities but rate hike fears limit gainsDollar pulls back, euro climbs as ECB starts QTAussie and loonie up on China optimism but soft GDP numbers weighMarkets buoyed...
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