Nvidia Hasn’t Said Anything Yet, and Market Already Making Big Swings

The December quarter labour market surveys surprised modestly to the upside, suggesting that activity and inflation pressures are still easing, but perhaps not as quickly as the RBNZ would have hoped. Unemployment rate: 4.0% (prev: 3.9%, Westpac f/c: 4.2%, RBNZ f/c 4.2%) Employment change (quarterly): +0.4% (prev: -0.2%, Westpac f/c: +0.3%, RBNZ f/c +0.2%) Labour […]

In focus today Today, we look out for several Fed speakers as Williams, Barkin, Barr, Bostic and Waller are all speaking. In Denmark, we get Q1 preliminary GDP figures, which we expect to be unchanged compared to the very impressive Q4 figures of last year. Further, refinancing auctions of mortgage loans will have the Danish […]

The Australian dollar has posted sharp losses on Tuesday. In the European session, AUD/USD is trading at 0.6544, down 0.44% on the day. Australian consumer, business sentiment accelerates Australian businesses and consumers are showing improved confidence. The National Bank Business Confidence index for October rose to 55, up from -2 in September and its highest […]