Tag Archives: RBA
The Global Macro Pulse
Overnight Price Action After the 1.3% fall in the S&P 500 overnight, futures are up 0.2% and the US 10yr yield is flat in Asian trading.
RBA Statement on Monetary Policy – November 2013
The RBA cut rates by 0.25% to 2½% on 6th August and has maintained an easing bias since then. The growth and inflationforecast updates provided in today’s release
UBS: RBA Sees Lower Growth Pace In 2014
The Reserve Bank of Australia anticipates slower growth pace and rising unemployment in 2014, where the bank sees current drop in resource investments and
RBA on hold in November – AUD in focus
Melbourne Cup day has been a popular choice for cash rate changes. Rates were changed on six out of the past sevenNovembers. But no commentator was expecting a move today and
Daily FX Update
USD LIKELY TO END WEEK ON STRONGER NOTE * USD is broadly weaker; retracing broad strength on the hawkish Fed Fisher. We expect it to rally before week’s end.
FX Daily Strategist: Europe
RBA Governor attempts to slow AUD rise AUDUSD slipped half a cent to a low of $0.9505 as RBA Governor Glenn Stevens stated that the current exchange rate was not supported by Australia’s economic fundamentals.
RBA Governor Jawboning the AUD Lower
* Markets should prepare for the “tapering” shift by the US Fed in coming months.
FX Daily Strategist: US
Watch inflation for negative EUR catalyst EURUSD is fast approaching the 1.4000 level where our economists anticipate rising ECB concern.
FX Daily Strategist: Europe
The USD heading into the FOMC History has gone against the USD heading into FOMC meetings; the USD has gained ground only once following an FOMC meeting this year.
Australian Markets Weekly
This last week’s inflation reading for the so-called headlinerate, that rose a higher-than-expected 1.2%, receivedsomething of a splash across the market wires and financialpress.
FX Daily Strategist: Europe
USD vulnerable following disappointing US employment growth The USD continues to come under pressure following yesterday’s disappointing US payroll employment report.
CPI – Growth transition underway – inflation transition needed
* The CPI rose by 1.2% in QIII and annual growth now stands at 2.2%.