Author: Admin
NZD/USD rises after opening at a gap down, trading around 0.5830 during the Asian hours on Monday. The technical analysis of the daily chart signals a potential for a bullish bias as the pair remains within the emerging ascending channel pattern.The 14-day Relative Strength Index (RSI) hovers just above 51, hinting at mildly constructive momentum but not yet signaling a decisive directional break while price remains capped beneath the longer EMA.However, the NZD/USD pair is caught between a supportive nine-day Exponential Moving Average (EMA) and overhead pressure from the 50-day EMA, leaving the near-term tone broadly range-bound.The primary resistance lies…
The recovery in the U.S. stock market since the beginning of April could soon face its first critical test, as the first-quarter corporate earnings season is about to get underway.
DBS Group Research expects Malaysia’s 1Q26 advance Gross Domestic Product (GDP) to grow 5.5% year-on-year, slightly below 6.3% in 4Q25 but still robust. Growth is seen supported by export-oriented electrical and electronics manufacturing, global AI tailwinds, construction and domestic demand. Headline inflation is projected to rise modestly to 1.7% in March, with oil-driven pressures cushioned by fiscal subsidies.AI tailwinds and mild price pressures”Malaysia’s incoming data are likely to reflect resilient economic growth and contained inflation in 1Q26, despite the Middle East shock since February 27.””We expect robust advance GDP growth estimate of 5.5% yoy in 1Q26, albeit lower than 6.3%…
A close look at valuations for the largest U.S. banks highlights opportunities for long-term investors.
SAT: US/Iran Talks SUN: Hungary Election MON: OPEC MOMR (Apr), Chinese M2 Money Supply (Mar), US Existing Home Sales (Mar), US Monthly Budget Statement (Mar) TUE: IEA OMR (Apr), IMF World Economic Outlook Press Briefing (Apr), Chinese Balance of Trade (Mar), Japanese Industrial Production Final (Feb), German Wholesale Prices (Mar), Spanish HICP Final (Mar), US NFIB Business Optimism Index (Mar), US ADP Weekly Change, US PPI (Mar), South Korean Export/Import Prices (Mar), South Korean Unemployment Rate (Mar) WED: Indian WPI & Inflation (Mar), French HICP Final (Mar), EZ Industrial Production (Feb), US Export/Import Prices (Mar), Fed Beige Book (Apr), Japanese…
“Right now, we only see our kids (ages 5 and 2) awake for about 90 minutes a day.”
ING’s Chief Economist for Greater China, Lynn Song, notes that China’s CPI inflation eased to 1.0% year-on-year after Lunar New Year, while PPI turned positive for the first time since 2022. The report highlights rising energy and transportation fuel costs, suggesting further upside for inflation and a gradual shift away from entrenched deflationary expectations in China.Energy-driven price pressures support reflation”The substantive price drops are in line with China’s typical seasonality around the Lunar New Year holiday. More importantly for the months ahead, we are starting to see the impact of higher energy prices in the data. The subcategory for transportation…
The Strait of Hormuz crisis is not an aberration from the new geopolitical order — it is an expression of it and investors need to adjust to this fast, says a Nuveen strategist.
Highlights include Trump’s Iran deadline, US CPI, PCE, ISM Services PMI, FOMC Minutes, RBNZ and OPEC+ Iran International Crisis MON: Holiday: Easter Monday, Canadian Services/Composite PMI (Mar), US ISM Services (Mar), Australian Services/Composite PMI Final (Mar), Japanese Household Spending (Feb) TUE: EIA STEO (Apr), EZ/UK Services/Composite PMI Final (Mar), US ADP Employment Change Weekly, US Durable Goods Orders (Feb), US RCM/TIPP Economic Optimism Index (Apr), US Consumer Inflation Expectations (Mar) WED: FOMC Minutes (Mar), RBNZ Policy Announcement (Apr), RBI Policy Announcement (Apr), Australian NAB Business Confidence (Mar), Japanese Economy Watchers Survey (Mar), German Factory Orders (Feb), UK Halifax House…
The war with Iran will have a lingering economic fallout.