RBA meeting minutes: Consider a hike of 25bp or an on hold decision
Reserve Bank of Australia February meeting minutes. Board considered case to hike by 25 bps or to hold steady. Case to hold steady was the stronger one, appropriate given balanced…
Read More »RBA meeting minutes: Consider a hike of 25bp or an on hold decision
Reserve Bank of Australia February meeting minutes. Board considered case to hike by 25 bps or to hold steady. Case to hold steady was the stronger one, appropriate given balanced…
Read More »Fed speakers on Wednesday include Goolsbee, Barr and Bostic
After Tuesday’s break from Fed talking heads, they’re back at it today. Some late ones in there that I’ll pick up on Thursday morning Asia time. The schedule includes: 1430…
Read More »North Korea has fired several cruise missiles off its west coast
South Korea’s Joint Chiefs of Staff (JCS) info via media outlets in South Korea (Yonhap) This brings the number of North Korean cruise missile launches this year to 4, and…
Read More »Goldman Sachs liking Chinese equites, citing valuations (bargains)
Reuters cite a note it has seen from Goldman Sachs, bullish on Chinese stockmarkets. Hedge funds snapped up battered Chinese stocks over three days last week at the fastest pace…
Read More »Japan Jibun preliminary manufacturing PMI for December 48.0 (prior 47.9)
Jibun / S&P Global Preliminary December PMIs for Japan: Manufacturing 48.0 vs. 47.9 prior Services 52.7 vs. 51.5 prior Composite 51.1 vs prior 50.0 This article was written by Eamonn…
Read More »JP Morgan warn on ‘boiling frog’ US$34 trillion debt – could easily become unsustainable
Media reports on the US’ $34 trillion debt pile: JP Morgan say it could well be a “boiling frog” phenomenon for the economy, as higher deficits and ballooning debt servicing…
Read More »USD/JPY hit hard after the terrible GDP figures, back under 143.50
USD/JPY has dropped to under 143.30. It was trashed even lower overnight and rebounded to 144: ForexLive Asia-Pacific FX news wrap: Ueda talks about exit, yen rallies ForexLive European FX…
Read More »Australian October 2023 Private Sector Credit +0.3% m/m (expected +0.4%)
Data from the Reserve Bank of Australia Headline is up 0.4% m/m and 4.8% y/y Housing credit up 0.4% m/m (house price being launched into orbit will do that) business…
Read More »Australia October Retail sales -0.2% m/m/ (expected +0.1%)
Australian retail sales for October 2023 -0.2% m/m expected +0.1%, prior +0.9% for the y/y, +1.2% There is little faith in the figures at this time of year, the relatively…
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