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Month: April 2021
NZD/USD is seen down 0.4% to 0.6950 levels currently The low today hit 0.6946, just shy of the low last week @ 0.6943. The pair is keeping pressured as the dollar is holding firmer but also as we see a technical break to the downside in AUD/USD, dragging the kiwi alongside it. Invest in yourself.
Latest data released by Markit – 1 April 2021 The preliminary report can be found here. The details make for good reading and reaffirms the more positive showing across the region in the manufacturing sector. There were record increases observed in output, new orders, exports and purchasing activity. The only downside is rising input costs
NEW DELHI: Gold futures were trading with gains on Thursday as expectations of a $2 trillion-plus stimulus plan in the United States raised concerns of inflation, while reports of a new vaccine-resistant virus strain also supported bullion’s safe-haven appeal. US President Joe Biden on Wednesday called for a sweeping use of government power to reshape
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks dropped -1.35 mmb to 1290.33 mmb in the week ended March 26. Crude oil inventory slipped -0.88 mmb (consensus: -0.1 mmb) to 501.84 mmb. Stockpile decreased in 3 out of 5 PADDs. Cushing stock added
A sale pending sign is posted in front of a home for sale on July 17, 2014 in San Francisco, California. Justin Sullivan | Getty Images The U.S. housing market is suffering from its lowest supply in history, and that is taking an increasingly hard toll on sales. Pending home sales, a measure of signed
Gold survived the first test of YTD lows touched on March 8 and staged a goodish rebound on Wednesday, snapping two days of the losing streak. On Thursday, XAU/USD edges higher for the second consecutive session, as FXStreet’s Haresh Menghani notes. See – Gold Price Analysis: XAU/USD flirts with the $1676 March low, risking a slide to