Monthly Archives: May 2025
41654156156RBNZ Cuts OCR to 3.25%, Signals Dovish Outlook Amid Global Uncertainty
Written on May 28, 2025 at 5:25 am, by pumarketings
Key Takeaways: *The RBNZ cut the rate by 25 bps as expected, and it has had a limited impact on the Kiwi. *The market’s perception of a dovish tilt from the RBNZ throughout the year may continue to put pressure on the Kiwi. On May 28, 2025, during the Sydney trading session, the Reserve BankContinue Reading
Oil Rises on Supply Jitters Amid Russian Sanctions and OPEC+ Output Plans
Written on May 28, 2025 at 3:15 am, by pumarketings
Key Takeaways: *Supply fears rise as U.S. mulls new sanctions on Russia. *OPEC+ may announce another 411,000 bpd hike at its next meeting. *Crude supported by stalled U.S.-Iran nuclear talks, delaying supply return. Crude oil prices edged higher as geopolitical tensions and supply-side uncertainty continued to dominate market sentiment. Investors are increasingly concerned about theContinue Reading
Dollar Index Rebounds as U.S. Consumer Confidence Surges
Written on May 28, 2025 at 3:13 am, by pumarketings
Key Takeaways: *U.S. Consumer Confidence surged to 98.0 vs. expected 87.1. *Durable Goods Orders better than forecast, supporting dollar sentiment. *Longer-term risks tied to tariffs and budget spending cloud outlook. The Dollar Index rebounded sharply on Tuesday, recovering recent losses after a string of stronger-than-expected U.S. economic data boosted investor sentiment. According to the ConferenceContinue Reading
