RBA next meet on 1 February 2022 – will they taper or stop QE bond buying?
I posted yesterday on the RBA Minutes to the December meeting. A focus is what the RBA will do with its Qe program. From yesterday: The minutes did not add…
Read More »RBA minutes: Board is prepared to be patient, committed to highly supportive conditions
Headline points from the Minutes via Reuters board is committed to maintaining highly supportive monetary conditions. board is prepared to be patient emergence of the omicron variant was a new…
Read More »AUD/USD Eyes RBA Minutes as Risk-Off US Session Threatens APAC Trading
AUD/USD fell overnight as US traders shifted into a risk-off stance on rising Omicron fears. The RBA's meeting minutes are set to cross the wires today as AUD/USD tests a…
Read More »AUD/USD Rises With Down Jones as Traders Await China Trade Data, RBA
The Australian Dollar may continue its overnight rise versus the US Dollar if Chinese trade data impresses. The RBA decision is also in focus for today's APAC session.
Read More »Australian Dollar Forecast: AUD/USD in Focus as Traders Await Omicron News, RBA
The risk-sensitive Australian Dollar is moving slightly higher as the APAC trading week kicks off. Traders await developments on the Omicron threat as the RBA's last meeting of the year…
Read More »Week Ahead: Variant volatility to continue, US CPI in focus
The markets look likely to remain volatile with two competing forces battling each other. The new strain of coronavirus and any new scientific news is threatening to curtail economic activity…
Read More »AUD/USD Weakness Moderates Above Key Levels as Wall Street Rotation Continues
The Australian Dollar was largely unchanged versus the Greenback overnight as Wall Street rotated out of tech stocks. The RBNZ rate decision and commentary from RBA Assistant Governor Bullock are…
Read More »Australia Wage Price Index for Q3 2021 0.6% q/q (vs. expected 0.5%)
Australia Wage Price Index for Q3 2021 +0.6% q/q amd +2.2% y/y Reserve Bank of Australia Governor Lowe spoke yesterday and was very doubtful indeed that wage growth in the…
Read More »RBA Minutes: Prepared to be patient until wage and inflation targets are met
The minutes of the November 2021 Monetary Policy Meeting of the Reserve Bank Board has been released where the central bank is repeating that they are
Read More »RBA November minutes: Repeats no hike to cash rate until wage & inflation criteria are met
Reserve Bank of Australia November 2021 monetary policy meeting minutes Headlines via Reuters The RBA is being very patient in waiting for wage growth to accelerate. Until it does, the…
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