Westpac forecast the RBA will extend its QE and shift YCC to the November 24 bond
Reserve Bank of Australia forecast from WPAC Main points Westpac make: And: Bolding mine. Note that the RBA has repeatedly said its not expecting to tighten cash rate policy until…
Read More »Australia – Westpac leading indicator for March: 0.38% m/m (prior +0.01%)
Westpac Leading Index +0.38% m/m The 6 month annualised growth number from the report is +3.29% Thus, at 3.29% that’s pointing to strong above-trend growth this year. Interestingly the biggest…
Read More »NZ First impressions: NZIER Quarterly Survey of Business Opinion, March quarter 2021
The NZIER’s March quarter survey of business opinion signalled that the New Zealand economy is on a steady footing as analysts at Westpac have explain
Read More »Westpac have cancelled their October RBA rate cut forecast
Now forecasting November instead, at the Nov 3 meeting. NAB is October or November CBA and ANZ are both not in October either.
Read More »One for the NZD traders – dairy auction coming up on Tuesday
The Global Dairy Trade auction today during London time, 15 September 2020. Recent results: Comments from Westpac on what to expect (in brief): Over the coming months, we expect global…
Read More »Australia – Westpac Consumer Confidence Index for September: +18.0% m/m (prior -9.5%)
Australia – Westpac Consumer Confidence Index for September improves to 93.8 – prior -9.5% to 79.5 more to come
Read More »Australia Westpac Leading Index (MoM) fell from previous 0.44% to 0.1% in July
Australia Westpac Leading Index (MoM) fell from previous 0.44% to 0.1% in July
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