comparemela.com

Latest Breaking News On - Economist alan oster - Page 8 : comparemela.com

Euro Weakens Amid Faltering Economic Recovery, Commodity Currencies Shine

Eurn turns weaker today after investor confidence data suggests that economic recovery might be faltering. But for now, Yen and Dollar are even weaker. Sterling and Swiss Franc are not much better than Euro too. Commodity currencies are the stars of the day, with New Zealand Dollar leading the way. Canadian Dollar is also catching up quickly, following Australian Dollar. Overall, the movement in currencies for the rest of the day will very much depend on development in risk sentiment.

Australian Business Conditions Remain Resilient In March; Prices Pressures Easing

Australian Business Conditions Remain Resilient In March; Prices Pressures Easing
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

Australian NAB business confidence improved, conditions remain resilient

Australia NAB Business Confidence improved from -4 to -1 in March, while Business Conditions dropped slightly from 17 to 16. Delving into some details, trading conditions rose from 25 to 26, profitability conditions dipped from 14 to 13, and employment conditions fell from 12 to 10.

European Majors in Spotlight as Eurozone Investor Confidence Improves

European majors are taking center stage today as markets reopen after holidays. Although not spectacular, Eurozone data revealed improvements in investor confidence, which has bolstered overall market sentiment. Major European indexes and benchmark treasury yields are trading slightly higher. In contrast, commodity currencies and Dollar are trading on the softer side, while Yen is mixed for the day but remains the week's worst performer. It's important to note that volatility has been relatively low so far. Traders may remain cautious until tomorrow's US CPI release and Bank of Canada rate decisions.

Aussie Gains on Improved Consumer and Business Confidence, Yen Under Pressure

Australian Dollar is having a broad recovery in Asian session today, bolstered by improvements in both consumer and business confidence data. While the rally's strength is still limited, Aussie appears to have some room for further upside before encountering near-term resistance levels. European majors follow as the next strongest, with Sterling holding a slight advantage over other peers.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.