April CPI slows from March’s 4.6% YoY but stays above RBA’s 2-3% target, capping AUD downside. The Australian Dollar retreated from a two-week high near 114.35 against the Japanese Yen after April’s Consumer Price Index eased to 4.2% year-over-year from March’s 4.6%. The d
Annual inflation in Australia eased more than expected in April, reinforcing signs of cooling price pressures. Australia’s annual consumer price inflation decelerated to 4.2% in April, down from 4.6% in March and below the 4.4% consensus forecast. The print marks the lowes
Annual inflation in Australia slowed more than expected in April, easing pressure on the Reserve Bank of Australia to hike rates further. Australia’s annual consumer price inflation cooled to 4.2% in April, down from 4.6% in March and below the 4.4% consensus forecast. The
April CPI fell below forecasts, easing pressure on the RBA, while RBNZ and PBOC policy shifts draw global attention. Australia’s annual inflation rate slowed to 4.2% in April, below the 4.4% consensus and down from March’s 4.6%. The softer print suggests easing price press
Nearly 70% of surveyed European companies are expanding or maintaining operations in China, defying EU efforts to reduce reliance. European companies are increasing their manufacturing presence in China, with 68% of surveyed firms either expanding or maintaining operations
RTY futures surged past prior peaks, completing a corrective wave and entering a fresh uptrend, analysts said. Russell 2000 Futures (RTY) reached a record high, breaching the 2918.4 level to mark the start of a new bullish cycle. The move follows a rally from the March 30,
Zscaler sets fiscal 2027 annual recurring revenue growth targets of 16%-17% alongside non-GAAP EPS guidance of $4.10-$4.11 for FY2026. Zscaler (ZS) outlined fiscal 2027 annual recurring revenue (ARR) growth projections of 16%-17% and non-GAAP earnings per share (EPS) targe
The People’s Bank of China sets the daily reference rate above market expectations, signaling potential depreciation pressure on the yuan. The People’s Bank of China set the USD/CNY reference rate at 6.8291, weaker than the 6.7883 estimate. The move allows the yuan to trad
GBP/USD pair attracts dip-buyers in Asian session The GBP/USD pair has stalled its previous day's retracement slide from a nearly two-week top. The pair is currently trading just above the 1.3500 psychological level. The pound's upside potential seems limit
The Japanese Yen strengthens against the Dollar amid speculation of potential currency intervention and rising Middle East tensions. The USD/JPY pair retreated to near 159.20 in early Asian trading on Wednesday, extending losses as the Japanese Yen found support. Market pa
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