Author: Sebastian Montague

In the wake of the recent United States’ military operations in Iran, there has been a discernible uptick in the performance of the US dollar in the foreign exchange (FX) markets this morning. However, this surge appears modest when taking into account the currency’s previously undervalued stance, suggesting a hesitancy among investors to fully divest from bearish positions against the dollar. This cautious stance is underscored by a lingering hope for a de-escalation of tensions, as well as a keen eye on other influential factors such as oil price dynamics and pivotal insights from Federal Reserve Chair Jay Powell over…

In the wake of a tense geopolitical climate, the price of gold witnessed a significant surge, trading at $3,360 per troy ounce on Monday. This escalation is largely attributed to the growing anxieties surrounding the unfolding developments in the Middle East, with particular attention on Washington’s engagement in the conflict. The possibility of Tehran’s retaliatory actions has incited fears, notably concerning the disruption of crucial oil supply pathways in the region. Iran stands as one of the globe’s predominant oil exporters and producers. Its strategic control over the Strait of Hormuz places it in a pivotal position, with this narrow…

The Enduring Influence of Leonard Lauder and the Questioning of the “Lipstick Index” On the 14th of June 2025, the beauty and cosmetics industry lost a towering figure, Leonard Lauder, the Chairman of Estée Lauder Companies. Lauder, who curiously formulated the “Lipstick Index” during the financial crisis of 2008, leaves behind a legacy that intertwines closely with economic theories and consumer behaviour. This phenomenon of the Lipstick Index posited that in times of economic distress, consumers would pivot towards less costly indulgences, like cosmetics, as a means to preserve a sense of luxury, albeit in a more financially palatable manner.…

Amid a deteriorating global landscape and a significant escalation in crude oil prices, there’s a tightening grip on the economy that cannot be ignored. This squeeze isn’t just a fleeting headline; it’s a vivid illustration of how external factors can profoundly impact domestic financial environments. Notably, the New Zealand dollar (NZD), also affectionately known as the “Kiwi,” finds itself under considerable pressure. This is due to a combination of weakening technical indicators and a bearish shift in momentum, suggesting that further challenges lie ahead for this currency. A Closer Look at New Zealand’s Financial Dilemma Given New Zealand’s status as…