Author: Admin
China has multiple sources of energy imports and it has prepared well for a sustained period of high oil prices. Unlike America.
The NZD/USD pair gathers strength to near 0.5915 during the early European session on Wednesday. The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) after US President Donald Trump says the US is extending the ceasefire with Iran at Pakistan’s request. Trump said on Tuesday that the US is extending the ceasefire with Iran at Pakistan’s request as he waits for a unified proposal from Iran. A White House official confirmed in a statement that US Vice President JD Vance’s trip to Pakistan would not take place on Tuesday.Traders will closely monitor the developments surrounding a second round of…
The focus could be more on Tesla’s story for the future than the numbers in its results.
Brown Brothers Harriman’s (BBH) Elias Haddad reports that NZD is outperforming after hotter-than-expected Q1 Consumer Price Index (CPI), with headline inflation at 3.1% y/y versus the RBNZ’s 2.8% projection. Markets now price 100 bps of hikes to 3.25% over 12 months, but BBH argues contained underlying inflation and spare capacity justify fewer hikes, expecting NZD/USD to hold in a 0.5800–0.6000 near-term range.Market pricing seen too aggressive”New Zealand Q1 inflation ran hot. Headline CPI rose 0.9% q/q (consensus: 0.8%, RBNZ projection: 0.6%) vs. 0.6% in Q4 to be up 3.1% y/y (consensus: 2.9%, RBNZ projection: 2.8%) vs. 3.1% in Q4.””The swaps…
Roth conversions are permanent. Once done, they cannot be undone.
BNP Paribas reports China’s Gross Domestic Product (GDP) growth at 5.0% year-on-year in Q1 2026 and for 2025 overall, with a moderate slowdown expected in 2026. The bank highlights a K-shaped pattern, with strong exports but weak domestic demand and a persistent property crisis. Authorities are seen maintaining supportive but modest fiscal and monetary policies as deflationary pressures ease.K-shaped expansion and easing deflation risks”Economic growth accelerated to +5.0% y/y in Q1 2026, vs. +4.5% in Q4 2025. It stood at 5% in 2025 as a whole and it is expected to slow moderately in 2026.””The authorities will maintain supportive fiscal…
After a three-week-long rally that’s brought the S&P 500 to new record highs, investors are again bracing for uncertainty following a whirlwind of weekend developments concerning the war with Iran.
EUR/USD edges higher after opening at a gap down, still remaining in the negative territory and trading around 1.1760 during the Asian hours on Monday. The pair comes under pressure as the US Dollar (USD) draws support from heightened safe-haven demand amid re-escalating United States (US)–Iran tensions.Iranian state media, the Islamic Republic News Agency (IRNA), reported that Tehran has refused to resume talks with US officials, citing “unrealistic expectations,” among other concerns.Iran has kept the Strait of Hormuz blocked since the US and Israeli strikes on February 28. Although authorities briefly signaled a reopening on Friday, they reversed the decision…
“Another option would be for me to purchase the condo myself and have him pay me rent.”
MON: BoC SCE (Apr), Chinese LPR (Apr), German PPI (Mar), Canadian Inflation (Mar), New Zealand NZIER Business Confidence (Q1), New Zealand Inflation (Q1) TUE: Eurogroup Foreign Affairs Council (Apr), UK Jobs (Feb), German/EZ ZEW Sentiment Index (Apr), US ADP Employment Change Weekly, US Retail Sales (Mar), US Pending Home Sales (Mar), Warsh Senate Hearing WED: CBRT Policy Announcement (Apr), Bank of Indonesia Policy Announcement (Apr), UK Inflation (Mar), South African Inflation (Mar), EZ Consumer Confidence (Apr) THU: South Korean GDP (Q1), Global Flash PMI (Apr), French Business Confidence (Apr), Mexican Inflation (Apr), Canadian PPI (Mar), US Jobless Claims (Apr/18) FRI:…