NZD/USD Muted on Trade Balance as APAC Markets Eye BOJ Decision
The New Zealand Dollar is slightly weaker in early APAC trading after the country’s trade balance fell back into deficit. The Bank of Japan’s policy decision is set to cross the wires.
The New Zealand Dollar is slightly weaker in early APAC trading after the country’s trade balance fell back into deficit. The Bank of Japan’s policy decision is set to cross the wires.
Tesla traded higher after the closing bell on a rosy second-quarter earnings report that beat expectations. Bitcoin prices softened after the electric vehicle company sold 75% of its BTC.
The Nasdaq 100 and S&P 500 rise for a second straight day and hit their best levels in nearly six weeks amid improving sentiment and increased appetite for beaten-down tech names.
The European Central Bank (ECB) interest rate decision may drag on EUR/USD if the Governing Council lays out a preset path in normalizing monetary policy.
Stocks continued higher on Wednesday as sentiment remains upbeat heading into earnings season.
UK oil has been consolidating since March 22 high at 133.107 all the down to July 2022 lows at 94.480 and it seems like it is looking to re-test the March highs again in the near-term future.
How aggressive will the Bank of England and European Central Bank be over the coming weeks?
The British Pound climbed above wedge resistance on a weaker US Dollar. APAC traders are monitoring developments out of China as the RBA minutes approach.
Indices retreat as sentiment shifts; safe haven bids return.
The Nasdaq rose after Netflix revealed “less-bad results”. The lower USD and apparent easing of recession fears boosts NDX ahead of Tesla Q2 earnings