New Zealand’s manufacturing sales rose 1.1%, with dairy and meat products increasing 3.1%, indicating economic progress.
NZD/USD trades near 0.5700, struggling below the 20-day SMA, with bearish indicators signaling further potential losses.
Delta lowers Q1 revenue forecast amid economic uncertainty, prompting a 16% after-hours stock drop following prior losses.
New Zealand manufacturing sales rise, AUD/USD under pressure, Bitcoin drops, and gold stabilises before US data.
Speaker Mike Johnson faces challenges advancing a temporary funding measure as Republicans debate debt limits before March 14.
Silver fell 1.20% to $32.08; sellers target $31.00. Resistance at $32.76, $33.00; RSI suggests limited downside.
UBS cuts Tesla’s target price to £225, citing lower delivery forecasts and concerns over weakening demand signals.
AUD/JPY trades near 92.50, facing pressure. RSI nears oversold, MACD weakens. Support at 92.00, resistance 93.00.
Japan’s Q4 GDP rose 2.8%, beating expectations, boosting BOJ confidence for a possible rate hike.
AUD fell 0.40% due to weak sentiment, US uncertainties, China’s inflation drop, and falling commodity prices.
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