Markets Eurozone business activity returned to growth in January according to flash EMU PMI’s. The composite gauge ticked up from 49.6 from 50.2 (vs 49.7 expected). It’s only the first 50+ reading since August of last year. The rate of expansion was only marginal amid ongoing demand weakness and it was centered solely on services. […]
Aug 07, 2024
NZDUSD Jumps Aggressively Higher
NZDUSD records a sizeable green candle today Strong reaction following the recent acute correction Momentum indicators are mixed, bearish pressure weakening NZDUSD is edging aggressively higher today, cancelling out a good part of the recent correction that led to a new 9-month low. The overall positive market sentiment and the stronger labour market data from […]
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