Forex News
Housing and utilities drive Q2 CPI increase
The 0.3% quarterly increase in Consumer Price Index slightly below our expectations, but in line with RBNZ forecast.
FOMC Surprises Social Media
Thirty-two reporters gathered in Room 538 of Capitol Hill’s Dirksen building early Tuesday morning and
UK: June inflation adds pressure on the Bank of England
CPI came in at 0.2% m/m in June pushing inflation up to 1.9% y/y, much higher than the consensus estimate of 1.6%.
Draghi: Monetary Policy To Remain Accommodative For Extended Period
European Central Bank President Mario Draghi reiterated the Bank’s forward guidance policy and
Fed Bank Directors Again Denied 1% Discount Rate
The periodic message the directors of the Philadelphia, Kansas City and Dallas Federal Reserve Banks send to Washington – raise rates – was disregarded in June at Fed headquarters,
Fed Plosser: Policy Should Reflect Fed Is Close To Objectives
Philadelphia Federal Reserve Bank President Charles Plosser said Friday the U.S. central bank should acknowledge how close it is to its mandate of price stability and
New Research Says Fed’s Inflation Target Inadequate, Needs New Policy
New research published Thursday suggests the Federal Reserve’s inflation target is inadequate because of its inability to deal with large supply and demand shocks.
BoE: Nothing new but August will be interesting
The Bank of England expectedly left monetary policy unchanged today, and thus issued no statement.
Australia’s export “heat-map” improves in June
We have updated our PMI “heat map” for Australian export destinations.
Unemployment in Australia picks up
Unemployment in Australia came in at 6.0% in June from 5.8% in May that was revised to 5.9%, while analysts expected unemployment to increase to 5.9%.
NAB Business Survey – Residential Property Survey Q2 2014
Housing market sentiment falls as house price growth slows and rental pressures continue to weaken. Local investors step up and foreign buyers less prevalent.