Rejection at the 200-day SMA keeps bears in control

Rejection at the 200-day SMA keeps bears in control

West Texas Intermediate (WTI) crude Oil edges lower on Thursday, erasing all of the previous day’s gains as traders reassess the supply risks stemming from renewed US-Iran tensions. At the time of writing, WTI is trading around $71.75, down 3.77% on the day. Crude Oil prices surged earlier this week after the United States and […]

Tariff passthrough keeps inflation pressure alive – BNY

Tariff passthrough keeps inflation pressure alive – BNY

BNY’s Geoff Yu reports that the New York Fed’s latest Liberty Street Economics analysis warns many United States (US) firms still plan tariff-related price increases, implying persistent inflation pressures that matter for the US Dollar (USD) and Federal Reserve (Fed) policy. Nearly half of tariff-paying companies expect further hikes, with gradual pricing and fixed contracts […]

Rate support constrained by Oil drag – OCBC

Rate support constrained by Oil drag – OCBC

Christopher Wong highlights that the New Zealand Dollar (NZD) has strengthened after a hawkish Reserve Bank of New Zealand (RBNZ) rate hike, but higher Oil prices are capping gains. With the RBNZ starting a tightening cycle and growth expected to rebound in 2H26, Wong sees AUD/NZD nearing a peak, though a sustained decline needs stronger […]