Morrison

NZD/JPY trades near the 86.50 zone, under pressure despite a broader bullish outlook.Momentum signals are mixed, with short-term averages supporting the upside but longer-term signals introducing caution.Key support rests around 86.20, with resistance near 87.20 and 87.60. The NZD/JPY cross is tradi

Eurozone economic reports are the slowest to be compiled of all the major economic areas, so we still have not seen any hard data reflecting the impact of "Liberation Day" - only sentiment surveys. These confidence indices have shown relative resilience, and the massive German fiscal expansion packa

Markets Markets of late gradually faced something what, with some exaggeration, one can label as ‘tentatively reflationary vibes’. For now, hard (US) eco data, despite the post‐liberation Day trade escalation held up fairly well (US payrolls, GDP, but also the likes of the EMU Q1 GDP). This allowed

WTI WTI Oil regains levels above $60 as signals of US-China trade talks ease tensions WTI oil keeps firm tone and attempts to hold gains above pivotal $60 barrier (psychological / Fibo 50% retracement of $64.70/$55.14 bear-leg). The price rose around 4% on Thursday, inflated by fresh optimism after

NZD/USD holds losses after China released its latest trade data, indicating a slowdown in external demand.China's trade surplus shrank to CNY 689.99 billion in April, down from CNY 736.72 billion in March.US Initial Jobless Claims dropped to 228,000 for the week ending May 3, slightly beating expect

Are commercial traders signaling a sustained rally for the British Pound? Understanding the positioning of “smart money” can offer valuable insights into potential currency movements. In this analysis, we’ll dissect two key charts – the British Pound Commercial Long/Short Ratio (CFTC) and the GBP/US

Technical recession avoided, but still stuck in stagnation. This is the bottom line of Germany's just-released first quarter GDP data. According to the just-released first estimate, the German economy avoided a technical recession at the start of the year. In the first quarter of 2025, GDP growth ca

The Pound Sterling faces slight selling pressure as the BoE is widely expected to cut interest rates in May.BoE’s Greene expects that Trump’s tariff policy will be disinflationary for the UK economy.Washington says that China should be the one to initiate bilateral trade talks. The Pound Sterling (G

AUD/JPY depreciates as the AUD comes under pressure, driven by growing RBA’s rate cut expectations in May.The Australian Dollar may find support from signs of easing tensions between the US and China.The Japanese Yen weakens amid decreasing safe-haven demand due to improving global trade sentiment.

The National Bank of Hungary is expected to keep rates on hold at 6.50% next week, as core inflation remains high despite last month's drop in the headline rate. Economic data and US tariffs pose downside risks to GDP, and recent commentary from the Governor indicates no change in forward guidance.