Forex News
RBA Statement on Monetary Policy (SMP) – August 2014
The RBA’s neutral policy stance was reaffirmed in the August Statement on Monetary Policy (SMP).
UK: No changes from the Bank of England
No policy changes from the Bank of England, in line with expectations.
Labour Force – July – Unemployment rate jumps
Today’s employment numbers came in below market expectations which were centred on a rise of 13k.
FOMC Discussion Moving in Right Direction – Fed Fisher
Dallas Federal Reserve Bank President Richard Fisher said Tuesday he is comfortable with the direction of
State of the Nation – A Laboured Debate
The New Zealand labour market continues to tighten reflecting the strength of the economy.
Swedish Services PMI at 3 years high
The PMI for the private service sector surged in July to 60.1, the highest level since April 2011.
RBA Board Meeting – August 2014
The decision to leave the cash rate unchanged at 2½% at the August RBA Board meeting was universally expected.
Trade Balance – June 2014
The June trade deficit at $1.683bn came in more narrow than the market had been expecting.
NY Fed Paper: Monetary policy relative to more targeted policies remains
A staff report from the New York Federal Reserve Bank makes the case for using monetary policy to
US: one for the doves – jobs report review
While payrolls growth remained above the 200k mark in July, a rise in the unemployment rate and
Norway: Stronger than expected labour market
With NOK much weaker than expected and unemployment decreasing a rate cut is very far away.