Australian Dollar gains support as RBA delivers 25-basis-point rate hike
AUD/USD gains ground after recovering daily losses, trading around 0.7020 during the Asian hours on Tuesday.
Read More »RBA pressure on ASX persists as clearing shortcomings remain
Original source: https://www.investing.com/news/stock-market-news/rba-says-asx-clearing-facilities-still-fall-short-in-key-areas-despite-progress-4912046
Read More »Preview – Australia’s July CPI set to ease to 3.2-3.3pct as trimmed mean holds near 3.5pct
Before I start …. the big developing news, if true: Russian media report says there is an Iran-US deal On with the preview! A soft headline print carries limited market…
Read More »Australian Dollar: RBA risks and carry support – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the Australian Dollar (AUD) largely ignored the Reserve Bank of Australia’s (RBA) August Minutes, which reiterated Governor Michele Bullock’s warning that another rate…
Read More »Breaking: RBA leaves key rate unchanged at 4.35% in June, as expected
The Reserve Bank of Australia (RBA) announced on Tuesday that it holds the Official Cash Rate (OCR) at 4.35% after concluding its June monetary policy meeting. The decision aligned with…
Read More »RBA leaves cash rate unchanged at 4.35% in June monetary policy meeting, as expected
Prior 4.35% Decision today was unanimous Headline and underlying inflation are still too high Heightened uncertainty remains on economic and inflation outlook Resolution of the conflict in the Middle East…
Read More »Forecasting the upcoming week: Fed, BoJ, BoE and RBA decisions take center stage
The US Dollar Index (DXY) lost ground during the week, down 0.27% to trade near the 99.80 level as investors prepared for a heavy central bank calendar the following week.
Read More »Australian February CPI: Core (trimmed mean) 3.3% y/y (vs. expected 3.4%)
CPI for February slightly lower than expected both headline and underlying (core). Australian shares have added to gains. March, of course, has brought fuel price surges. We’ll get that news…
Read More »Forex Today: RBA strikes hawkish tone while US shutdown delays jobs data
The Reserve Bank of Australia (RBA) raised its interest rate by 25 basis points to 3.85%, aligning with market expectations. The RBA’s hawkish tone indicates that inflation pressures are likely…
Read More »Asia stocks rise tracking Wall St gains; RBA minutes, Japan FX stance in focus
Original source: https://www.investing.com/news/stock-market-news/asia-stocks-rise-tracking-wall-st-gains-rba-minutes-japan-fx-stance-in-focus-4420519
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