EUR/USD 1.03741
-0.225%
Gold 2854.65
-0.782%
Oil 69.851
-0.116%
USD/JPY 150.504
0.467%
GBP/USD 1.25801
-0.156%
GBP/JPY 189.327
0.312%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
March 1, local time on February 28, French President Emmanuel Macron said during his visit to Portugal that there was little hope of making progress on the tariff issue after meeting with US President Trump. Macron also said that if the United States decides to impose a 25% tariff on Europe, Europe will respond "equally". Macron said that although the imposition of reciprocal tariffs will lead to inflation and no country will benefit from it, the EU must protect itself.According to the latest data released by Shenzhen Leyoujia Research Center on March 1, the total number of first-hand and second-hand residential online signings in Shenzhen in February exceeded 6,000, both of which doubled year-on-year. The data showed that the total number of first-hand and second-hand residential online signings in Shenzhen in February was 6,161, a year-on-year increase of 119%, of which 2,484 were first-hand residential online signings, a year-on-year increase of 141%, and 3,677 were second-hand residential online signings, a year-on-year increase of 106%.Zhiji Auto: Zhiji Auto delivered 7,037 vehicles from January to February! A year-on-year increase of 70% in February.On March 1, in response to the heated argument with Ukrainian President Zelensky during the meeting on February 28, US President Trump said, "The meeting was not fruitful, and I think he (Zelensky) overestimated his abilities." Trump said that if he wanted to achieve an immediate ceasefire between Russia and Ukraine, he only needed to sign a contract. He also warned Zelensky that without US support, "he cant win" and "it wont end well." As for whether he was considering cutting off aid to Ukraine, Trump said it didnt matter what he was considering, but he also told reporters, "You also saw what I went through today."Market News: Rostov, Russia is dealing with a Ukrainian drone attack.

AUD/NZD tries to recover 1.125; NZ GDP and Australian Employment are under consideration

Alina Haynes

Sep 14, 2022 11:46

 截屏2022-09-14 上午9.46.15.png

 

After recovering to approximately 1.1214 during the Tokyo morning session, the AUD/NZD pair is approaching the critical 1.1250 barrier. In a broader sense, the asset is currently gaining after striking a low of 1.1120 last week. In expectation of favorable Australian employment data, market participants utilize any decline as a buying opportunity.

 

According to the consensus, the Australian Bureau of Statistics will publish a 35k increase in job creations against a 40.9k fall in payrolls. In addition, it is projected that the unemployment rate would remain constant at 3.4%. A similar situation could prompt the Reserve Bank of Australia (RBA) to immediately increase the Official Cash Rate (OCR). The University of Melbourne's release of the Consumer Inflation Expectation statistics is also of major importance.

 

It is projected that the Consumer Inflation Expectation will increase dramatically to 6.7% from 5.7% earlier. This will prompt RBA Governor Philip Lowe to announce a fifth consecutive 50 basis point (bps) rate hike at the monetary policy committee meeting in October.

 

On the front of New Zealand, investors anticipate the announcement of Gross Domestic Product (GDP) numbers on Thursday. Consensus forecasts indicate a 0.2% expansion in the New Zealand economy, as opposed to the 1.2% reported previously. While the quarterly data will result in an expansion of 0.8% as opposed to a decline of 0.2%.

Suggestion