RBNZ Holds Rates SteadyFollowing 12 straight months of rate hikes, the RBNZ held monetary policy unchanged at the July MPR overnight. Sitting at 5.5%, the RBNZ noted that policy would remain unchanged...
USD Sell-Off Leaves Gold Room to Rally
USD Under PressureGold prices are rallying on Tuesday as the USD sell off deepens. The greenback came under pressure late last week as the latest round of US labour market readings failed to deliver...
GBPJPY Correction Offers Bullish Opportunities
UK Data in FocusGBPJPY is correcting sharply lower today as JPY gains on USD weakness. The latest set of UK labour market readings today have kept hawkish BOE expectations well-primed. However, with...
Meta Rally Continues As Threads New Users Soars
Threads Users SoaringMeta is trading higher again today ahead of the open as focus stays on the continued growth in popularity of new social media app Threads. The app, launched last week, has been...
GBP Higher On Fresh Wage-Growth Increase
Wages Rise AgainGBP is trading higher today on the back of the latest set of UK labour market indicators, which have helped keep hawkish BOE expectations entrenched. While the unemployment rate was...
Tesla Losing Market Share in China As Price Wars Heat Up
Lower Start for TeslaShares in Tesla are trading a little lower ahead of the open on Monday. Following a breakout to fresh highs for the year last week, prices have since cooled wit the stock now...
Weak Start For GBP Following Bailey Comments
Bailey Notes BOE FlexibilityGBP is starting the week under a bit of pressure following comments from BOE governor Bailey yesterday. Speaking at a conference in France, Bailey noted that the BOE would...
Copper Falls on Fresh China Data Drop
PPI PlummetsExpectations for a large new stimulus package in China have grown further overnight on the back of the latest data. China CPI was seen at 0% last month, down from the prior and expected...
Silver On Watch With Bearish Sentiment Signal
Bearish SignalThe Tickmill Daily Sentiment analysis has given a bearish signal in Silver which makes it an instrument worth watching this week. In 80% of the last 10 occurrences, price has moved lower...
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