Australia Westpac Consumer Confidence registered at -4.5%, below expectations (-0.7%) in June

Australia Westpac Consumer Confidence registered at -4.5%, below expectations (-0.7%) in June

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Australia – Westpac Consumer Confidence Index for May -5.6% m/m (vs. prior -0.9%)

The weekly consumer sentiment data (latest here Australian weekly consumer confidence survey 90.5 (prior 90.7)) is languishing well in pessimistic territory.This monthly indicator, the same. Drops sharply to 90.4, its…

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JPMorgan sees higher net interest income; return target nears

Original source: https://www.investing.com/news/stock-market-news/jpmorgan-raises-annual-forecast-for-net-interest-income-to-53-billion-2767272

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GBP Forecast: Omicron Adds Uncertainty to BoE Rate Rise

Scientific data on vaccine efficacy a trigger for a BoE rate rise this month.

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Scalping vs Day Trading: Differences and Strategies

Day trading is getting relatively popular globally. This growth is partly because of the Covid-19 pandemic that pushed more people at home. At the same time, the strong performance of…

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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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