3 reasons gold will fall further, target for year-end in 2021 & 2022 price

An extract from ABN Amro on gold, analysts looking for USD1700 by the end of this year and USD1500 at end 2022.  Citing 3 reasons.  1. Tighter global monetary policy…

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AUD/NZD Price Analysis: Buyers keep their eye on 1.0500 above 50-day SMA

AUD/NZD prints fresh daily gains ahead of the Reserve Bank of Newzealand (RBNZ) Interest rate decision. The pair opened lower but recovered swiftly to

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Australia – Westpac Consumer Confidence Index for September +2.0% m/m (prior -4.4%)

The weekly consumer confidence readings have been on the weaker side.  In their preview to this release WPAC noted that the negatives likely to weigh on the result this month…

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Australia – Westpac leading indicator for June: -0.07% m/m (prior -0.06%)

Westpac Leading Index barely changed again on the month.    

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Australia – Westpac leading indicator for May: -0.06% m/m (prior +0.2%)

Leading index with a barely noticeable % change

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Erste Group Bank – EBS: Inside Candle nach Rücksetzer zum 20er-EMA!

Bleiben die Bullen bei Erste Group Bank (EBS) weiter am Drücker? Details zum Long Setup bei ratgeberGELD.at Symbol: EBS ISIN: AT0000652011 Trendbetrachtung auf Basis 6 Monate: Rückblick: Die Aktie des…

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RBA will refrain from rolling its YCC bond forward to November 2024 – NAB

While market players are more interested in the US Nonfarm Payrolls (NFP), National Australia Bank (NAB) came out with its forecast for the Reserve Ba

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Australia – Westpac leading indicator for March: 0.38% m/m (prior +0.01%)

Westpac Leading Index +0.38% m/m The 6 month annualised growth number from the report is +3.29% Thus, at 3.29% that’s pointing to strong above-trend growth this year. Interestingly the biggest…

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Australia – Westpac Consumer Confidence Index for April: +6.2% m/m (prior +2.6%)

Australia data, the Westpac Consumer Confidence Index for April: +6.2% m/m to 118.8 This is a strong result for consumer confidence against a backdrop in the month of:

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NZ First impressions: NZIER Quarterly Survey of Business Opinion, March quarter 2021

The NZIER’s March quarter survey of business opinion signalled that the New Zealand economy is on a steady footing as analysts at Westpac have explain

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