Share: Kiwi’s post-US CPI rally extended this week. Economists at ANZ Bank analyze NZD/USD outlook. US interest rates set to fall more quickly than NZ interest rates in 2024 There have been and will continue to be pullbacks, but more flexible labour markets have meant that the Fed has achieved better progress in
Share: Oil prices are likely to settle around $80/bbl, strategists at ANZ Bank report. Saudi Arabia may extend cuts as Oil market tightness eases Tightness in the Oil market has eased as growth in non-OPEC supply has more than offset strong demand. A balanced Oil market now remains reliant on production cuts being
Share: All major weather agencies have formally announced the onset of El Niño. Strategists at ANZ Bank believe El Niño related disruptions will be short-lived and contained for the Asia-Pacific. El Niño is a regional story While production losses due to El Niño will exert upward pressure on food commodity prices in Asia
Share: Strategists at ANZ Bank analyze Silver (XAG/USD) outlook. Investment demand to reverse Silver is facing a double whammy: expectations of a rise in US interest rates curbing its investment appeal and a weaker Chinese economy weighing on industrial demand. These two drags are driving a recent liquidation of Silver investments. We expect
Highest for this since late April. ANZ comments on the still dour result, looking for the bright side: While it remains at very low levels, there are signs of tempered optimism amongst households. Inflation expectations also fell to 4.9% – the lowest since Feb 2022 This article was written by Eamonn Sheridan at www.forexlive.com. لینک
Following up on this from last week: More: ANZ … targeting a move toward 150. The bank believes that this trajectory will hold unless there’s a substantial shift in the rate outlook for either the U.S. or Japan. While intervention from policymakers could pose a risk, ANZ anticipates that mere verbal intervention, or “jawboning,” will
Share: Silver’s price plunged amid renewed downward pressure on Gold. Economists at ANZ Bank analyze XAG/USD outlook. A disconnect between price and fundamentals We believe Silver’s supportive fundamentals should come into play once manufacturing activity recovers in China and other developed markets. Investment demand has been lacklustre since 2022 despite strong fundamentals. This
Share: Gas market is shifting to a more balance position. However, economists at ANZ Bank note supply risks that could lead to further upside in prices. Striking fear into Gas markets Supply-side issues are once again back in focus in the global Gas market. Industrial action in Australia could threaten the relative peace
Share: NZD/USD consolidates in a tight range between 0.6150- 0.6165. The June’s US Personal Consumption Expenditures (PCE) Price Index decreased to 3% from 3.8% in May. The New Zealand job market data, the US Nonfarm Payrolls remain in the spotlight this week. The NZD/USD pair oscillates in a narrow range in the early
اشتراک گذاری: اقتصاددانان بانک ANZ گزارش می دهند که بخش فناوری انرژی پاک در حال تبدیل شدن به یک محرک مهم برای تقاضا برای فلزات اساسی است. انرژی پاک فلزات مواد معدنی حیاتی در میان شتاب انتقال انرژی مورد توجه قرار گرفته اند. با این حال، فلزات پایه سنتی با اهمیت فزاینده ای
