The yellow metal is trading upside against the greenback as yields dropped for U.S. 10-year Treasury notes to 1.56%, and geopolitical tensions rose between the United States and China as well as Russia. There seems to be a rising tension between the United States and China, as well as between the United States and Russia. [...]
Australia’s Employment Change has rose beyond 35K forecast to 70.7K, versus 88.7K prior and the Unemployment Rate eases below 5.8% previous readouts and 5.7% market consensus to 5.6%. "The March 2021 labour force survey was another incredibly solid report," said Gareth Aird, head of Australian economics at CBA. "It supports our non-consensus call that the [...]
The Reserve Bank of New Zealand (RBNZ) held its official cash rate (OCR) at 0.25% as widely expected anticipated on Wednesday. The Reserve Bank of New Zealand (RBNZ) has retained its large scale asset purchase (LSAP) programme at NZ$100 billion ($70.55 billion). The Funding for Lending Programme (FLP) operation was unchanged. Meanwhile, The Reserve Bank [...]
The circulation of Japan's currency and the bank deposits made a hit record in March, data showed Tuesday which is a sign that households and companies have continued to pile up savings despite signs of improvement in the economy. This data highlights on how the world's third-largest economy is struggling to fully emerge from the [...]
