Tag Archives: AUD
Focusing On RBA’s AUD Rhetoric
The RBA is almost universally expected to leave the cash rate unchanged following its Board meeting on Tuesday.
The Week Ahead in FX
In the week ahead, investors will be focusing on Friday’s U.S. nonfarm payrolls report, for indications on whether the economic recovery is sufficiently strong for the Fed to
Weekly CFTC Trader Positioning Data
• The market is adding to FX risk and slowly shifting to a more bearish USD stance. There is now a large long EUR position and large short JPY and AUD holdings;
US Morning Update
Major Overnight Headlines • UK Index of Services up 0.5% on a 3m/3m basis (0.6% expected); YoY growth in finance services still negative
Flash PMI Reinforces Recovery In China Plays
The flash reading for September of the China HSBC PMI was better than expected, continuing the run of better-than-expected data in China and
FX Daily Strategist: Europe
Strong Chinese PMI will provide a further boost to AUD China’s September HSBC PMI accelerated to 51.2 – a 6-month high – from 50.1 in August and builds on the improvement in overall Chinese data reported during July and August.
Australian Markets Weekly
Labour market crucial to RBA policy in coming months * RBA hoping it has eased enough, but the economic outlook remains weak and unemployment is rising
The Week Ahead in FX
In the week ahead, uncertainty over the direction of Federal Reserve policy and the decision over Chairman Ben Bernanke’s eventual successor look likely to weigh on the dollar.
FX Sentiment Report
* Shifts in sentiment were biased against the USD following the Summers resignation and heading into Wednesday’s FOMC,
US Morning Update
Major Overnight Headlines • RBI unexpectedly boosts repo rate by 25bps to 7.50%; lowers marginal lending rate by 75bps
RBA Board Minutes – September 2013
* The RBA have maintained their easing bias. Further changes to the cash rate are data and AUD dependent.
The Week Ahead in FX
In the week ahead, investors will be keenly anticipating the outcome of the Fed’s policy-setting meeting on Wednesday,