Fundamental Analysis Category

RBNZ Maintains Wait-and-See Approach Despite CPI Indications The Reserve Bank of New Zealand (RBNZ) continues to adopt a cautious approach, refraining from making immediate changes to its monetary policy despite the latest inflation data. This wait-and-see stance comes even as the Consumer Price Index (CPI) shows signs of an inflationary trend. In parallel news from

Australian Treasurer Predicts Jobless Surge, Easing Inflation In a recent conversation, the Australian Treasurer, Jim Chalmers, expressed his forecast of a looming economic deceleration and a spike in unemployment as inflation begins to ease. He made these comments during his stint on ABC’s “Insiders” program, where he referenced predictions from both the Reserve Bank and

US Inflation Slows; Equity Markets Rally on Earnings News The slowing down of US inflation has been a welcome development in the financial markets. Along with positive earnings news, this has contributed to a robust rally in equity markets. The EUR/JPY pair, however, has seen only a slight recovery from its intraday low, hovering around

EUR/GBP Drops to 0.8550 Amid UK Job Woes, Lackluster German Inflation The EUR/GBP exchange rate has recently experienced a significant drop to 0.8550, marking a significant shift in the currency markets. This movement is not random; it reflects a complex interplay of various factors influencing both the Euro and the British Pound. From the Euro’s

Asian Currency Markets Subdued Amid Fears of Rate Hikes and Intervention Speculation Asian currency markets remained mostly stable on Friday as investors were looking for more indications regarding U.S. interest rate hikes. However, both the Chinese yuan and Japanese yen saw a slight rise due to ongoing speculation about potential government intervention in the currency