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NZD/USD gains traction to around 0.6035 in Thursday’s early Asian session.US ISM Services PMI unexpectedly contracted in May, the first time in nearly a year.The RBNZ might slow the pace of rate cuts as uncertainty grows. The NZD/USD pair extends the rally to around 0.6035 during the early Asian ses

Asia market update: Markets positive despite less-than-stellar US domestic data; Trump tariff pause extended to China; JP 10-yr auction best in 14 months; Focus on EU May CPI, US Apr JOLTS. General trend - Pres Trump again extended trade tariff pauses, this time for China (through to Aug 31st), help

The Reserve Bank of Australia (RBA) published the Minutes of its May monetary policy meeting on Tuesday, highlighting that the board decided the case for a 25 basis points (bps) cut was a stronger one and preferred policy to be cautious and predictable. Additional takeaways The board considered keep

XAU/USD Gold opened with gap higher and surged in early Monday trading, lifted by escalation of war in Ukraine, President Trump’s fresh threats of doubling current tariffs on imports of steel and aluminium and victory of Eurosceptic candidate in Poland’s Presidential election. Worsened conditions pr

USD/CHF finds cushion near 0.8200, Trump’s tariff uncertainty keeps the pair on the backfoot.Federal Appeals court lifts Trump’s tariff ban temporarily.The US core PCE inflation rose at a slower pace of 2.5% on year, as expected. The USD/CHF pair attracts bids after revisiting near the five-week low

NZD/USD slumps to near 0.5900 as the US Dollar capitalizes on upbeat US S&P Global PMI data for May.The US Composite PMI increased to 52.1 from 50.6 in April.Trump’s tax bill is expected to accelerate fiscal imbalances. The NZD/USD pair is falling to near the round level of 0.5900 during North A

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WTI WTI oil price jumped over $2 on Monday following success of US-China trade talks over the weekend that eased tensions and signaled that world’s two largest oil consumers are on the way to resolve their trade conflict. The markets welcomed positive move that significantly brightened the demand ou

US-China trade breakthrough helps boost US equities.DAX hits fresh record high.Dollar on the rise as Gold falls back. Markets are in full risk-on mode as traders jump into US futures in the wake of a weekend deal that saw both the US and China slash tariffs in a 90-day reprieve for markets. The deal