Australia’s economy surprised to the upside in Q2, expanding at its fastest pace since September 2023. The upbeat data adds fuel to bullish AUD sentiment and may recalibrate expectations around the Reserve Bank of Australia’s next move. 📊 Key Data Points YoY Growth: +1.8% (vs. 1.6% expe

The Reserve Bank (RBNZ) is continuing to push back against financial markets' expectations of a central bank interest rate cut this year. RBNZ chief economist Paul Conway reaffirmed this stance during a live-streamed webinar, emphasizing that New Zealand still has a long way to go in the battle agai

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AUDUSD has recently had a big fall as the DXY has shown major strength recently. I think this is a possible buy area perhaps as the non-US FX majors are extremely oversold and the DXY is heavily overbought. I have marked some supply and demand zones on the chart. Currently, we are in a potential sup

The U.S. dollar sank to a one-month low versus major rivals on Friday as traders lowered Federal Reserve rate hike expectations amid signs the central bank might slow or even pause its tightening cycle in the second half of the year. The dollar index (DXY), which measures the greenback against a bas

March 1 (Reuters) - The Federal Reserve's plan to end the loose money policies used to fight the coronavirus pandemic is facing an unexpectedly early test as the Russian invasion of Ukraine poses new economic and financial risks already being felt in global markets. Fed Chair Jerome Powell is schedu

Walmart (NYSE:WMT) Inc said on Tuesday it plans to hire more than 3,000 U.S. delivery drivers and build out a fleet of all-electric delivery vans to support its "in-home" grocery delivery service, its latest investment in its last-mile fulfillment network. The retailer, which said it has about 100 d

Rivian Automotive Inc's stock briefly tumbled below its IPO price on Thursday in a selloff along with other electric vehicle makers as the race for market share intensifies and legacy companies ramp up their own production. Rivian fell as low as $75.13, below its November initial public offering pri

Amazon.com Inc (NASDAQ:AMZN) on Friday told workers they only have to isolate for a week after testing positive for COVID-19, instead of 10 days, following updated U.S. health guidance. The Omicron variant of the coronavirus has prompted a spike in cases in the United States and worker shortages at

Walt Disney Company (NYSE:DIS) shares rose 0.4% Tuesday after it was named Wells Fargo's "favorite large-cap growth idea for 2022." Wells Fargo analyst Steven Cahall reiterated an overweight rating and raised the price target on the shares to $196. Despite explaining that the past few months have sh

U.S. retail investors have been dip-buyers so far in 2022, snapping up equities that funds have shed from their portfolios in light of a more hawkish Federal Reserve, but with a focus on quality stocks as opposed to speculative names. Growth and technology stocks, which typically generate lower retu

The Marvel Cinematic Universe propelled Disney to the top of the domestic box office in 2021. While the pandemic continues to weigh on the movie theater business, cinemas were able to collect $4.58 billion in ticket sales in the United States and Canada, more than double what was garnered in 2020. A