Australia November Westpac-MI Consumer Confidence Index jumps 12.8% to 103.8. That’s a huge jump, putting the index into net optimism for the first time in nearly four years. I am ignoring it. Sounds like b/s to me.
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As we head into 2026, people are sharply divided on where AI goes next. Bears argue that we’re in a massive AI bubble, where spending has outpaced revenue, that the technology is overhyped, and that this bubble is about to burst. These concerns are understandable, but ultimately premature. This Article Is For Premium…
By RoboForex Analytical Department The New Zealand dollar is steadily rising against the US dollar, with the NZD/USD pair reaching 0.6014 as of Monday. The financial markets are gearing up for Wednesday’s Reserve Bank of New Zealand (RBNZ) meeting. Analysts widely anticipate that the RBNZ will maintain the official cash rate at 5.5% for the ninth…
EUR/GBP rallies back up to the 50-day SMA in the mid 0.8300s. The Pound is depreciating on doubts about the robustness of the UK economy. The Euro itself has problems, however, after another poor set of poor figures from Germany. EUR/GBP trades back up to the level of the 50-day Simple Moving Average (SMA) at…
GBP/JPY looks ready to slip below an established consolidation! Will we finally see a breakout, or are buyers lining up to defend support one more time? Here’s what’s showing up on the 4-hour chart: GBP/JPY 4-hour Forex Chart Faster with TradingView The British pound has been on the back foot as cautious risk sentiment and…
Image credit Choosing the right supplier for your business isn’t something you should be doing based on the price point line. While the price you pay should be an influencing factor, it shouldn’t be the only one. After you get what you pay for, as the old saying goes, and if you don’t want to…
Prior +1.9% HICP +2.8% vs +2.8% y/y prelim Prior +2.0% This just reaffirms the initial estimates, with German headline inflation spiking amid higher energy prices from the US-Iran conflict. Destatis notes that: “Significant price increases for energy products are driving inflation. In particular, fuels and heating oil have become dramatically more expensive for consumers since…