Live Updates

    12 March 2025
    Major Japanese companies plan substantial wage increases, aiding workers amidst inflation and labour shortages

    Japan’s largest companies plan wage hikes amid inflation, with smaller firms struggling to keep pace with rising costs.

    12 March 2025
    The Japan BSI Large Manufacturing Conditions Index recorded -2.4, falling short of the 6.5 forecast

    Japan’s BSI Large Manufacturing Index fell to -2.4 in Q1, reflecting negative business sentiment and economic challenges.

    12 March 2025
    Analysts at Deutsche Bank believe the US equity market decline doesn’t indicate a looming recession

    Deutsche Bank analysts dismiss recession fears, predicting market resilience and corporate expansion recovery later this year.

    12 March 2025
    Amid rising trade tensions, Canada considers restricting oil exports to the US, says Energy Minister

    Canada may impose non-tariff restrictions on US oil exports amid trade tensions and potential ethanol tariffs.

    12 March 2025
    Retail sales in New Zealand rose by 0.3% monthly but fell 4.2% annually, showing stability

    New Zealand’s retail sales rose 0.3% monthly but fell 4.2% annually, with card spending as a key indicator.

    12 March 2025
    Rising from yearly lows, the USD/JPY aims for 148.00 amid ongoing US-Canada trade tensions

    USD/JPY rises to 147.77 after trade tensions ease, forming a ‘tweezers bottom’ near 146.54, indicating reversal.

    12 March 2025
    The spending bill has been approved by the House, pending a Senate vote to maintain operations

    The House approved a spending bill; the Senate vote now determines if a government shutdown is avoided.

    12 March 2025
    The Kiwi resisted at key support, rising towards 0.5710 after recent low rebounds

    NZD/USD rebounds to 0.5710, holding 20-day SMA support. Resistance at 0.5750; MACD remains negative, limiting upside momentum.

    12 March 2025
    Tariff developments caused market volatility, while diplomatic efforts regarding Ukraine stirred global tensions and reactions

    Tariffs imposed, then revoked; markets volatile. Stocks fell, yields rose, EURUSD surged, USDCAD fluctuated, GBPUSD gained.

    12 March 2025
    Trade tensions escalate, causing the US Dollar to persist in its decline near 103.40

    DXY declines to 103.40 amid tariffs; equities fall. NFIB Index drops; rate expectations shift; support at 103.30.

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