New Zealand Economy Shed Jobs in Q1, Unemployment Rate Rose to 4.3%
The New Zealand economy unexpected lost 0.2% jobs quarter-on-quarter in Q1 2024, bringing the unemployment rate up from 4.0% to 4.3% during the period.
Read MoreThe New Zealand economy unexpected lost 0.2% jobs quarter-on-quarter in Q1 2024, bringing the unemployment rate up from 4.0% to 4.3% during the period.
Read MoreThe weaker-than-expected Canadian GDP release coincided with a stronger-than-expected U.S. employment cost index report. How did CAD react to the event?
Read MoreIt was a good day to be a dollar bull, as the U.S. currency staged a steady climb across the board, even before top-tier U.S. reports were released.
Read MoreThe market holiday in Japan and the lack of verbal intervention from Japanese officials weren’t enough to stop the yen from making big moves!
Read MoreUSD and EUR will get attention this week as traders anticipate the Fed’s May decision, U.S. April NFP, and inflation and GDP data from the euro region!
Read MoreSafe haven currencies took L’s this week as weaknesses for USD and JPY got mixed with strong data releases from major economies.
Read MoreA fresh batch of PMI releases and central bank member speeches have encouraged a repricing of interest rate expectations in the markets!
Read MoreThe Japanese central bank kept interest rates on hold at <0.10% as expected while maintaining forecasts for next year's growth and inflation figures.
Read MoreThe dollar shrugged off a lower than expected growth figure for the first quarter of the year and still managed to pop higher against its peers. What’s up with that?
Read MoreA strong U.S. economic release brought back “higher for longer” bets for the Fed! We’re taking a closer look at how the major financial assets reacted.
Read MoreConsumer prices in Australia rose by 3.6% y/y in Q1 2024, slower than Q4 2023’s 4.1% read but above the 3.4% forecast.
Read MoreThe financial markets traded with mixed results as the major assets reacted to individual catalysts. How did your favorite assets trade?
Read MoreMajor financial assets saw volatility as traders priced in easing geopolitical concerns in the Middle East and their optimism for this week’s data and earnings reports events.
Read MoreIt’s another busy trading week filled with top-tier U.S. data points, global PMIs, inflation data, and a central bank announcement!
Read MoreMonetary policy biases were still front and center, with major currencies taking cues off fresh inflation updates and central bank rhetoric.
Read MoreThe week started and ended with a strong focus on geopolitical tensions, but a whole lot of tossing and turning still happened in between. Read on to find out what went down!
Read MoreImproved risk sentiment started the U.S. dollar on weak footing, but a few U.S. data releases soon turned the tide for the Greenback.
Read MoreMarkets were having a pretty chill time during the Asian market hours before all hell broke loose in the latter trading sessions. What’s up with that?!
Read MoreAustralia reported net 6.6K job losses in March 2024 instead of the estimated 7.2K increase in hiring. What else did the underlying figures reveal?
Read MoreThe dollar was the king of pips early in the day, but divergences soon emerged when central bank officials shared insights on monetary policy.
Read MoreIt's not the size of the dog in the fight, it's the size of the fight in the dog.Mark Twain