The seasonally-adjusted Trade Balance in New Zealand increased to $-11.99 billion YoY at the end of February, from the previous period’s $-12.62 billion. This was due to a little dip in January that was followed by a rise in both imports and exports in February. New Zealand’s trade gap, also …

US stocks have continued to rise since the beginning of the North American trading on Thursday, with a boost of optimism left by expectations of an official interest rate cut by the Federal Reserve following the Fed’s announcement to keep the interest rate at the same levels without change one …

The major central banks’ monetary policy announcements cause the pound sterling to plunge sharply against the US dollar, hitting a new low that hasn’t been seen in two weeks. The market took a wrong turn on Thursday after the Bank of England became more dovish. As of this writing, the …

On Thursday, the price of gold fell again, giving up some of its previous gains. The US dollar strengthened and US Treasury yields increased throughout this decline. The market’s change was influenced by the Federal Reserve’s decision on monetary policy on Wednesday. Even if the Fed recognized a robust economy …

The official jobless rate surged for the third straight month as a result of the economic boom in China. The increase in unemployment is part of a string of encouraging economic data that Beijing has revealed, including the fact that factory investment surged and industrial production increased dramatically in January …

Following a recent decline from its all-time high, bitcoin is last seen at $65507. Economists and analysts are discussing historical trends that point to the looming halving event that is anticipated in April in response to this price volatility.It is worth noting that Bitcoin reversed early losses and moved higher …

Congress finally revealed a $1.1 trillion spending plan to finance homeland security, defense, and other initiatives after many days of delays. Though Congress have less than 48 hours to take action, this move is an attempt to avoid a partial US government shutdown. The deal will be voted on by …

The US Dollar Index (DXY), which had earlier risen above 104.00, eventually dropped later on Wednesday after FOMC decision, hitting lows of 103.00s. FOMC decision, to keep interest rate unchanged in March, significantly had an impact on market mood including the performance of US stocks as well as gold prices.Economic …

The Federal Reserve’s decision to hold rates unchanged and to adhere to the US monetary policy projection from the previous year, which suggests 75 basis points (bps) of rate cuts in 2024, caused the Australian dollar to leap 0.83% against the US dollar on Wednesday. The pair trades at 0.6595, …

Following the FOMC’s decision to keep interest rates steady and Fed Chair Jerome Powell’s press conference, which in March established a higher for longer attitude while also hinting at three rate decreases before 2024 ends, the US dollar fell to its lowest point this week.FOMC Decision in Line with Expectations …