Fascinating Calm After US Attack on Iran

Key insights from the week that was. In Australia, the RBA Board once again left the cash rate unchanged at 4.35%. The Board’s statement emphasised that there remains considerable uncertainty around the economic outlook, particularly as it relates to policy lags, the path for consumption, and consequently inflation’s path back to target. Strong population growth […]

Nasdaq-100 broke daily down channel Likely to rise to resistance level 21850.00 Nasdaq-100 index rising inside the intermediate impulse wave (5), which started earlier from the support zone located between the key support level 20820.00 (former low of wave A from December) and the support trendline of the daily down channel from December (which encloses […]

Markets The focus of markets (and the international community) was on the talks in Riyadh between Russia and the US to end the war in Ukraine. The two parties agreed to appoint high-level teams to work ‘on a path to ending the conflict in Ukraine as soon as possible in a way that is enduring, […]