Eurozone industrial production rose more than expected in February after falling in the previous month, data from Eurostat showed on Wednesday. Industrial output rose 0.7 percent month-on-month in February, reversing a 0.7 percent decrease in January, which was revised from a no change reading. Economists had forecast a monthly growth of 0.2 percent. more...
Japan posted a merchandise trade deficit of 412.4 billion yen in March, the Ministry of Finance said on Wednesday more...
The services sector in New Zealand climbed into expansion territory in March, the latest survey from BusinessNZ showed on Tuesday with a Performance of Services Index score of 51.6. more...
The Australian Dollar has strong fundamentals, but a hawkish Fed has favoured the US Dollar up to now. The fundamental backdrop for AUD remains solid, although it is not showing up in all of data at the moment. Daily price is on secondary correction within the primary bullish market condition: the price is trying to cross the bearish triangle pattern with 0.7391 support level to below for the secondary correction to be continuing up to ...
Q1 hasn’t been easy for investors. Of course, Bitcoin as a high beta asset hasn’t been immune to the drop in stocks, falling over 13% (at the time of writing) from three months ago. Daily price broke ichimoku cloud to below for the breakdown with the primary bearish reversal: the price is testing 39,167 support level to velow for the primary bearish trend to be started with 37,152 level as a possible next target. more...
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