AUDNZD: Technical Review of the Week
According to preliminary readings, ANZ’s business confidence fell from -13.4 to -18.1 in November. The outlook for its own activity fell from 21.7 to 15.6. Export intentions fell from 8.6…
Read More »RBA SoMP: Will not raise the cash rate until these criteria are met
The Reserve Bank of Australia will not raise the cash rate until these criteria are met and is prepared to be patient. More to come…
Read More »RBA Statement repeats will need to see wages growth materially higher for a rate hike
Reserve Bank of Australia publish its Statement on Monetary Policy (SoMP) four times a year. – The SoMP sets out the Bank’s assessment of current economic conditions, both domestic and international,…
Read More »Nasdaq 100 Gains, ASX 200 Faces RBA Rate Decision as Australian Bond Yields Surge
The Nasdaq 100 gained on Wall Street, setting a rosy tone for Asia Pacific trade. Still, the ASX 200 is facing the RBA rate decision, producing volatility risk after surging…
Read More »Australian Q3 inflation: Headline 0.8% q/q (vs. expected 0.8%)
The RBA target band for core inflation (data below following the headline results) is sustainably in a 2 to 3% band. Headline 0.8% q/q For the y/y, 3.0%Weighted median 0.7% q/q…
Read More »Australian Dollar Jumps as RBA Preferred CPI Beats Estimates. Will AUD/USD Go Higher?
The Australian Dollar reacted to 3rd quarter CPI numbers by immediately testing the upper bound of the recent range. Will AUD/USD resume the trend?
Read More »RBA’s October meeting Minutes reiterate that inflation target of 2-3% will not be until 2024
The RBA’s October meeting Minutes have stated that the inflation target of 2-3% that is required before the central bank will lift the cash rate will
Read More »Australian Dollar Forecast: AUD/USD Eyes RBA Minutes Amid Mixed Sentiment
The Australian Dollar may remain under pressure as APAC traders digest prevailing risk trends and economic growth fears. RBA minutes are in focus against an otherwise light economic docket.
Read More »RBA minutes: Economic recovery is likely to be slower than in late 2020/early 2021
Reserve Bank of Australia October monetary policy meeting minutes Full text:
Read More »Reserve Bank of Australia Financial Stability Review
The Financial Stability Review provides the Bank’s assessment of the current condition of the financial system and potential risks to financial stability. It contains a number of boxes on topics…
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