Both the Aussie and kiwi dollars started the new week in sluggish fashion despite news of fresh monetary stimulus from China over the weekend. China for the second time this year cut interest rates by 25 basis points to …
Both the Aussie and kiwi dollars started the new week in sluggish fashion despite news of fresh monetary stimulus from China over the weekend. China for the second time this year cut interest rates by 25 basis points to help ward off a deeper slowdown.
Underlying worries about the health of the world's No. 2 economy weighed on Aussie sentiment. The kiwi was pressured by growing expectations its central bank could follow in the footsteps of its Chinese counterparts and reduce borrowing rates in the months ahead. The RBNZ next meets a month from today on June 11.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
