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National Australia Bank Business Survey May 2024 Business confidence -3Previously reviewed to 2Working conditions 6Before 7Conditions tend to be a more objective measure than confidence (feelings).ugly.Inflation indicators are not…

Reserve Bank of New Zealand forecasts from ANZ in New Zealand. Briefly:We have revised our forecast for the official cash rate (OCR) and now expect the first OCR cut to come in February 2025, rather than May.Domestic inflation... We expect…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

The question here is: Do you take comfort in the step down from January or do you worry that core inflation is still above 3%?One month annualized trimmed mean 3.4% vs 5.7% priorSix month 3.1% vs 3.0% prior12 month 3.1% vs 3.2% priorOne of…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

BNZ – BusinessNZ Performance of Manufacturing Index (PMI).more to come BusinessNZ’s Catherine Beard:improved February result showed signs of a gradual turnaround in the sector. “The key sub-index of Production (49.1) was at its highest…

Prior +1.3%; revised to +1.2%The average house price in the UK rises to £291,699 as prices rose for a fifth month running in February. Halifax notes that:"The average price tag of a home is now only around £1,800 off the peak seen in June…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

After an impressive run, spot Bitcoin ETFs appear to have hit a snag as inflows saw a minor reduction. Lookonchain’s latest analysis reveals a concerning trend in the cryptocurrency market as Bitcoin ETFs experience a…