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About: anakin
Recent Posts by anakin
Building permits in New Zealand rose by 2.6% monthly, influenced more by global events than local data.
New Zealand’s Building Consents rose 2.6% in January but fell 7.2% year-on-year; NZD/USD at 0.5618.
Following OPEC’s announcement to boost production, WTI Crude Oil prices dropped 2.5% to $68.
WTI crude oil falls 2.5% as OPEC plans gradual production increase; market trends bearish amid supply concerns.
On a difficult trading day, the Nasdaq failed to maintain its election night gains, declining significantly.
US stock markets declined sharply; Nasdaq fell 2.6%, S&P 500 dropped 1.75%, and DJIA lost 1.4%.
The Canadian Dollar declined against the Greenback, experiencing its seventh consecutive day of losses.
CAD declines further as Trump threatens tariffs; PMI drops; USD/CAD nears 1.4500; officials consider retaliation measures.
China’s article emphasises fiscal balance, dampening expectations for extensive government borrowing and spending.
China downplays fiscal stimulus, allowing some deficit flexibility while stressing long-term budget balance amid economic discussions.
