AUD/NZD attracts fresh buyers following the previous day’s two-way price swings. The intraday uptick lacks follow-through amid the escalating US-China trade war. The RBNZ cuts…
White House Trade Adviser Peter Navarro told CNBC on Monday that countries seeking a tariff relief need to lower non-tariff barriers, per Reuters. Key takeaways…
Eurozone annual Retail Sales rose 2.3% in February. Retail Sales in the old continent arrived at 0.3% MoM in February. The Eurozone’s retail sales rose 2.3%…
Germany’s industrial sector returned to contraction in February, according to the latest data published by Destatis on Monday. In the Eurozone’s economic powerhouse, Industrial Output…
Scope for US Dollar (USD) to weaken to 7.2430 before stabilisation can be expected vs Chinese Yuan (CNH); it is unclear if 7.2150 will come…
Instead of continuing to rise, AUD is more likely to trade in a 0.6260/0.6360 range. In the longer run, AUD must break and hold above…
The official data published by the Federal Statistics Office showed Friday that Germany’s Factory Orders showed no growth in February, suggesting that the country’s manufacturing…
Created on April 03, 2025 President Trump imposed tariffs slightly heavier than expected, leading to firm selloffs in Asian and European equity markets, while the…
China’s Services Purchasing Managers’ Index (PMI) rose to 51.9 in March from 51.4 in February, the latest data published by Caixin showed Thursday. Markets were…
Australia’s trade surplus decreased to 2,968M MoM in February versus 5,600M expected and 5,156M (revised from 5,620M) in the previous reading, according to the latest foreign trade data…