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Austria UniCredit Bank Manufacturing PMI rose from previous 48.8 to 50.4 in November

Austria UniCredit Bank Manufacturing PMI rose from previous 48.8 to 50.4 in November

As expected by the market and most analysts, the Reserve Bank of New Zealand lowered its key interest rate once again this morning by 25 basis points to 2.25%.

As expected by the market and most analysts, the Reserve Bank of New Zealand lowered its key interest rate once again this morning by 25 basis points to 2.25%.

Industrial metals extended gains in yesterday’s trading, with LME Copper approaching the $11,000/t level amid a weakening US dollar. Expectations that the Federal Reserve will cut interest rates at its December meeting are growing once again.

Australia’s inflation surprised to the upside in October, erasing expectations of further RBA rate cuts and giving the Australian Dollar (AUD) a small lift, though persistently high price pressures may weigh on the currency in the months ahead, Commerzbank’s FX analyst Tatha Ghose notes.

Blueberry, the global online trading platform, is thrilled to announce a long-term partnership with the Bonds Flying Roos, the Australia SailGP Team and three-time SailGP Champions, becoming the team’s Official Online Trading Partner.

The Rolex SailGP Championship is the world’s most exciting racing league, featuring 12 national teams competing on identical high-speed F50 foiling catamarans at 12 iconic waterfront locations around the world. Reaching speeds of more than 100 km/h, SailGP sees the sport’s best athletes push the limits in a championship defined by national pride, precision and total performance. The Rolex SailGP Championship culminates in a winner-takes-all grand final, where the winner will receive US $2M, the largest prize in the sport.The Bonds Flying Roos, led by Olympic gold medallist Tom Slingsby, have dominated SailGP with three championships in four seasons. Earlier this year, the team entered a bold new chapter as co-owners Hugh Jackman and Ryan Reynolds joined the helm of the high-speed racing outfit. The co-ownership is a testament to the sport’s growing worldwide profile and the continued rise of the Australia team.

This partnership marks Blueberry’s first major investment in the sporting world and is poised to play a pivotal role in expanding the brand’s presence across global markets.

The multi-year deal will see Blueberry’s branding featured on The Bonds Flying Roos’ F50 race boat, across the team’s technical apparel and throughout its digital channels. As part of the collaboration, Blueberry clients will have access to exclusive experiences at SailGP events worldwide, hosted by the Blueberry team in high-energy, immersive environments at race destinations. This strategic move signals Blueberry’s commitment to innovative, experience-led activations that go beyond traditional global sponsorship models.

This is a distinct move from Blueberry, focusing on an innovative and highly immersive brand experience and activation versus the industry norms of other sports and motor racing sponsorships.

This partnership aligns seamlessly with Blueberry’s strategic push to enhance its presence in key international markets. The Rolex SailGP championship spans 12 races across 11 countries, a unique opportunity for Blueberry to engage with audiences from diverse regions, all while showcasing its core values of precision, strategy, and excellence, qualities central to both financial trading and elite performance sailing.

Dean Hyde, CEO of Blueberry, expressed, “Our partnership with the Bonds Flying Roos marks a major milestone for Blueberry as we expand our global footprint. As a proud Australian brand, we’re thrilled to team up with one of Australia’s most successful and dynamic sporting outfits. The Bonds Flying Roos constantly demonstrate dedication, determination, and an unrelenting will to win, values we share at Blueberry. We look forward to this exciting journey together and to delivering memorable experiences for our clients worldwide.”Tom Slingsby, Driver and CEO of Bonds Flying Roos added, “The Flying Roos are driven by performance and the pursuit of being the best in everything we do. In 2025, we are welcoming new partners who share that same mindset. We’re delighted to have Blueberry join the family, a brand that shares our values of ambition, precision, and performance.”

Blueberry will debut its partnership with the Bonds Flying Roos at the Mubadala Abu Dhabi Sail Grand Prix 2025 Season Grand Final presented by Abu Dhabi Sports Council, from November 29–30, where Slingsby’s crew will compete for a place in the winner-takes-all Grand Final and a USD 2 million prize purse.

This partnership marks a strong finish to what has been a transformative year for Blueberry, highlighted by the launch of new trading platforms like TradingView and cTrader, along with a refreshed brand identity, a newly designed website and the expansion into new markets. These milestones underscore Blueberry’s continued business growth, further solidifying its position as a leading global trading platform. With the Bonds Flying Roos SailGP Teamsponsorship, Blueberry is poised to build on this momentum, offering clients exclusive, premium experiences while reinforcing its commitment to growth and innovation across the world.

ABOUT BLUEBERRY

Blueberry is a widely trusted and globally regulated online trading platform. It offers a wide range of trading instruments including forex, share CFDs, crypto CFDs, commodities, and indices. With Blueberry, users can unlock precision trading, faster execution, tight spreads, and top-rated customer support. Users can visit blueberrymarkets.com to find out more.

ABOUT SAILGP

The most exciting racing on water, the Rolex SailGP Championship is a global championship with national teams battling it out in identical high-tech, high-speed 50-foot foiling catamarans at iconic venues around the world. Racing faster than the wind at speeds exceeding 100 km/h // 60mph, the Rolex SailGP Championship is driven by the sport’s top athletes, with national pride, personal glory, and bonus prize money of US$12 million at stake. Powered by nature – wind, sea and sun – driven by purpose, SailGP races for a better future. Users can visit SailGP.com to find out more.

This article was written by IL Contributors at investinglive.com.

RBNZ cut cash rate by 25bps to 2.25% in a 5-1 vote, with one member preferring no change. OCR track now troughs at 2.20% in H1-2026, above market pricing, as RBNZ signals no further easing.

RBNZ cut cash rate by 25bps to 2.25% in a 5-1 vote, with one member preferring no change. OCR track now troughs at 2.20% in H1-2026, above market pricing, as RBNZ signals no further easing.

Fundamental
Overview

The USD weakened across the
board yesterday following soft
ADP data and a Bloomberg
report saying that Hassett emerged as the frontrunner for the Fed Chair position.

The greenback was already
under some pressure caused by Fed’s
Williams endorsement for a December cut on Friday. The probability for a
December cut is now at 76%, which generally makes it a done deal.

We won’t get much data
before the FOMC meeting, so the focus will likely be mainly on jobless claims
and ADP data. Weak data should keep weighing on the greenback, while strong
data could provide some short-term support. At the end of the day though, it’s all
about the FOMC decision and the following NFP and CPI reports.

On the EUR side, nothing
has changed fundamentally. The ECB policymakers continue to repeat that the
current policy is appropriate and that they won’t respond to small or shot-term
deviations from their 2% target. The recent Eurozone data has been supporting
the central bank neutral stance.

EURUSD Technical
Analysis – Daily Timeframe

On the daily chart, we can
see that EURUSD has been trading in a wide range between the 1.17 and 1.15 levels.
There’s not much we can glean from this timeframe, so we need to zoom in to see
some more details.

EURUSD Technical
Analysis – 4 hour Timeframe

On the 4 hour chart, we can
see that we have a strong resistance zone around the 1.1590 level. This is
where the sellers are stepping in with a defined risk above the resistance to
position for a drop back into the 1.1550 level. The buyers, on the other hand,
will want to see the price breaking higher to increase the bullish bets into
the 1.1670 level next.

EURUSD Technical
Analysis – 1 hour Timeframe

On the 1 hour chart, there’s not much else we can add here but if we get a
pullback into the 1.1550 level, we can expect the buyers to step in there with
a defined risk below the 1.1540 level to position for a rally back into the resistance.
The sellers, on the other hand, will look for a break below the 1.1540 level to
increase the bearish bets into new lows. The red lines define average daily range for today.

Upcoming
Catalysts

Today we get the latest US Jobless Claims figures. Tomorrow, we have the
US Thanksgiving holiday which is likely to make the final part of the week more
rangebound. Finally, on Friday we conclude the week with the preliminary
inflation data from the major Eurozone economies.

This article was written by Giuseppe Dellamotta at investinglive.com.