Brent Crude Oil Wave Analysis

In focus today In the US, JOLTs Job Openings are due for release for February. As companies have reported cooling hiring plans and availability of workers has improved, we expect job openings to trend lower over the coming months, which would pave way for the first rate cut from the Fed. In the euro area, […]

In focus today Markets remain closely focused on President Trump’s actions during this first week of his presidency. He is anticipated to issue several executive orders building on his current momentum, leading to US news continuing to dominate the headlines as markets and world leaders alike are left navigating the implications. Economic and market news […]

The New Zealand economy grew by 0.2% in the March quarter, beating our forecast of a modest decline. However, the details don’t change our view of the underlying strength of activity. Key results Quarterly change: +0.2% (last: -0.1%, Westpac f/c: -0.2%, market f/c: +0.1%, RBNZ +0.2%) Annual change: +0.3% (Last -0.3%, Westpac f/c -0.2%, RBNZ […]