ING sees AUD rebound ahead as RBA signals pause but stands ready to act
ING expects the Australian dollar to recover after post-RBA weakness, saying the central bank retains its hawkish cre ...
China private survey Rating Dog Services PMI 52.6 in April (up from 52.1 in March)
China’s RatingDog services PMI rose to 52.6 in April from 52.1 in March, with domestic demand driving a fortiet ...
PBOC sets USD/ CNY reference rate for today at 6.8562 (vs. estimate at 6.8160)
PBOC CNY reference rate setting for the trading session ahead. The 6.8562 is the strongest since March 24, 2023.The P ...
Australia to build A$10bn fuel reserve as Middle East crisis drives stockpile push
Australia will spend more than A$10bn to establish a permanent government fuel reserve of around one billion litres a ...
CBA sees RBA on hold for rest of 2026 after third consecutive hike to 4.35%
Commonwealth Bank expects the RBA to hold rates at 4.35% for the rest of 2026 before cutting in 2027, though an Augus ...
EU urges US to restore Turnberry trade terms ahead of deal’s first anniversary
The EU has urged the US to swiftly restore the 15% Turnberry tariff terms agreed last year, ahead of the deal’s ...
PBOC is expected to set the USD/CNY reference rate at 6.8160 – Reuters estimate
China is back from an extended holiday today. The People’s Bank of China is due to set the daily USD/CNY reference ra ...
AUD faces headwinds above 0.72 as RBA signals pause, TD warns
TD Securities has shifted its RBA call to a final 25bps hike in August to 4.60%, citing dovish May messaging and Midd ...
New Zealand unemployment falls to 5.3% in Q1, beating forecasts ahead of war impact
New Zealand’s unemployment rate fell to 5.3% in Q1, beating the 5.4% forecast, but economists warn the labour m ...
Oil down, ‘risk’ & gold higher as Trump pauses freedom operation for ships stuck in Hormuz
more to come
This article was written by Eamonn Sheridan at investinglive.com.
Trump says that Project Freedom (movement of ships through Hormuz) will be paused
Trump: Iran, U.S. have mutually agreed that, while blockade will remain in full force and effect, Project Freedom (mo ...
New Zealand Q1 Unemployment rate 5.3% (vs. 5.4% expected and 5.4% prior )
New Zealand jobs reportmore to come
This article was written by Eamonn Sheridan at investinglive.com.