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 [...]
The pound is trading downside against the greenback on Monday. The sterling seems to be under pressure mainly due to the renewed strength in the US Dollar Index (DXY). The US Treasury yields has seen some recent pullback and are trading near 1.66%, which offers a boost to the US dollar. Whereas, Asian shares became [...]
