Nikkei 225: Major Bullish Breakout from 7-month Range With Further Potential Upside in Store

According to ICE data, the U.S. Dollar Index futures have reached highs last seen in early July 2024. The dollar’s strength is attributed, in part, to anticipated economic stimulus measures outlined by the newly elected President Donald Trump during his campaign. This has put pressure on other currencies paired with the dollar. Currently, the British […]

Key insights from the week that was. Australia’s Q3 National Accounts disappointed expectations with GDP up just 0.3% (0.8%yr) as the gap between public and private demand widened – the latter now stalled for six months. While partly explained by the ‘reallocation’ of electricity spending by households to the government through energy rebates, the majority […]

The current level of the cash rate is assessed as being just right for the time being, but things could change. The Board also picks a happy medium as the future model for implementing policy. The minutes of the late-March meeting of the RBA Board (the last in the Martin Place building) recorded that the […]