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DXY was roughly flat last night though all over the place in the process: Australian dollar likewise though rising risk-off is obvious in the yen cross:Oil lol:Base metals softened:Big miners...
Gross domestic product for the September quarter declined 1.9% as lockdowns in Australia's two largest cities ground the economy to a halt.This largely wiped out the growth made over the March and...
DXY rebounded lat night with everything as the Omicron panic eased: That kept the AUD holding open the trap door:XBR/USD held a lot of the losses:Metals firmed:Miners are trying to base:EM...
When it finally came on Monday, the announcement from US President Joseph Biden that he was going to nominate Jerome Powell to a second term as Chair of the Federal Reserve, it was anticlimactic;...
DXY was smashed Friday night and EUR roared as the NU COVID strain rocked markets: Australian dollar was Nuked on all major crosses:Oil!Metals were not hit quite so hard:Nor miners:But,...
Omicron variant pressures global markets; seen as the most heavily mutated yet S&P 500 suffers worst post-Thanksgiving selloff on record Oil plunges more than 12%, drops below $70 Fears of the...
By Greg PeelTonight will see a half-hearted half session on Wall Street with only a few skeletons in attendance, while most will enjoy the four-day break. It’s back to business on Monday, which...
Many city dwellers sought a tree or sea change due to COVID, which has caused regional house prices to skyrocket - particularly in Queensland.Over the past year to September, regional house prices...
The assault upon the Australian dollar is coming from a tearaway DXY as EUR wilts: The Australian dollar was universally weak. It’s chart is forming up a bearish descending triangle...
The Fed’s November 2-3rd meeting saw the announcement of QE tapering, where Treasury purchases were cut by an initial USD 10bln per month to USD 70bln for November, while MBS purchases were cut...
New analysis reveals capital city house prices have grown at the third fastest rate since 1880.REA Group's PropTrack analysis reported that Australia's capital city house price grew 22% over the past...
RBNZ is expected to hike the OCR for a second consecutive meeting by 25bps to 0.75% OIS fully price in a hike and 19 of 20 analysts surveyed expect a 25bps increase, while the remaining analyst...
New research demonstrates how many people now work from anywhere, travel any time, and stay for longer.The pandemic has blurred together the way Australians travel, work, and live, with research...
DXY is a raging rocketship as EUR crashes: The Australian dollar was weak:Oil and gold too:Base metals rallied on misplaced China stimulus hopes:As did miners:EM stocks were hit:Along with...
As the various Fed whisperers try to influence President Joseph Biden’s decision on who should head the US central bank, the consensus seems to be growing that Jerome Powell will be appointed to...