Tag Archives: RBA
The Global Macro Pulse
USDJPY and the Nikkei rallied in response to the Bank of Japan extending and increasing the size of its subsidized loans to banks.
RBA Board Minutes – February 2014
The February Board minutes contained few surprises given the release of the quarterly Statement on Monetary Policy(SMP) at the beginning of February.
RBA: Rates Likely Stable If Economy Evolves Broadly As Expected
The Reserve Bank of Australia judged it was prudent to leave the cash rate unchanged at the February board meeting and that rates would remain stable if the economy evolved broadly as expected.
Risk of soft Riksbank and annual address by Governor Olsen in Norway
Today attention turns to Scandinavia with the Riksbank meeting as the main event. Our view is that rates and the rate path will be kept more or less unchanged.
Housing Finance & ABS House Prices – December 2013
Housing-related lending took a breather in December, with the number of loans to owner-occupiers falling by a modest 1.9%. But, by value, loans to investors and owner-occupiers remain on a solid uptrend,
Daily FX Wrap and Strategy
In a quiet night the NZD/USD has traded sideways above0.8260.In the absence of key domestic or offshore data releasesthere has been little to provide direction for the NZD.
Australian Markets Weekly – RBA lifts inflation forecast and drops easing bias
Last week the RBA lifted its inflation and growth forecasts and dropped its easing bias. With NAB still forecasting the unemployment rate rising to near 6½ % through 2014,
Weekly Commentary
Recent developments – a slowly strengthening New Zealandlabour market, the Reserve Bank of Australia’s decision totake rate cuts off the table for the time being,
FX Weekly Report
Is the yen ready for a new phase of weakness? The turmoil in emerging markets has led to Japanese yen appreciation especially given its perceived safe haven status.
The Global Macro Pulse
The USD was relatively steady against majors ahead of US payrolls. EURUSD was unchanged at 1.359, holding onto gains post yesterday’s less dovish than expected ECB.
AUD/USD Analysis
Aussie again a big mover this morning thanks in part to the RBA, which issued its quarterly statement on monetary policy earlier today following its signal that it was moving to a neutral stance earlier this week.
RBA Statement on Monetary Policy – February 2014
The RBA signalled its shift to a neutral policy stance after the 4 February Board meeting. So the main task for today’sStatement on Monetary Policy (SMP) was to flesh out the thinking behind that shift.