Australian Dollar Jumps on Shocker CPI Data. If RBA Hike, Higher AUD/USD?
The Australian Dollar leapt higher immediately after headline CPI printed at 5.4% year-on-year to the end of September, adding to potential hike or hikes by the RBA. Will AUD/USD rally?
Read More »Australian Q3 2023 Headline CPI +1.2% q/q (vs. 1.1% expected)
Higher than expected inflation data from Australia. Right across all three measures: headline trimmed mean (a core inflation measure) weighted median (another core inflation measure) The topside surprise on the…
Read More »Australian Dollar Drops on Mixed Jobs Data Ahead of CPI. Where to for AUD/USD?
The Australian Dollar slipped lower after employment data today revealed a tighten unemployment rate assisted by a lower participation rate. The RBA is now the focal point.
Read More »AUD/USD snaps a two-day winning streak, holds above 0.6350 following RBA’s Bullock speech
The AUD/USD pair snaps a two-day winning streak during the early Asian session on Wednesday. The pair faces some follow-through selling after reaching
Read More »Australian private survey September CPI 0.0% m/m (prior 0.2%)
Melbourne Institute monthly inflation gauge flat m/m prior +0.2% +5.7% y/y prior +6.1% For the trimmed mean, +0.1% m/m and +5.1% y/y prior +0.1% m/m and +5.7% y/y This indicator…
Read More »Asia Day Ahead: Wait-and-See in Lead-Up to Fed’s Decision, RBA Minutes in Focus
Market sentiment remained in its usual wait-and-see ahead of the FOMC meeting, as the VIX headed higher for the second straight day to reflect increased hedging activities.
Read More »Australian CPI data due today, preview – RBA will be comforted, no rate hike next week
ANZ’s preview of the data due today and the implications for the Reserve Bank of Australia policy meeting on August 1: We expect both headline (+6.2% YoY) and trimmed mean…
Read More »AUD/JPY jumps to 90.50 inspired by BoJ’s dovish stance, RBA policy eyed
The AUD/JPY pair has shifted sustainably above the critical resistance of 90.00 in the Asian session. The cross is continuously moving higher for the
Read More »Markets Week Ahead: Fed, ECB, RBA, S&P 500, Gold, US Dollar
Global equity markets ended mostly higher in the past week, led by the US, following better-than-expected earnings from big technology companies. Key focus in the coming week is on the…
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