Tag Archives: RBA

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

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

RBA Board Minutes – September 2013

* The RBA have maintained their easing bias. Further changes to the cash rate are data and AUD dependent.

Daily FX Wrap and Strategy

The NZD/USD spent most of Friday’s offshore trading session consolidating above 0.8100. Globally, currency markets struggled a bit for direction.

Daily FX Wrap and Strategy

The NZD/USD moved higher overnight in the backdrop of a weaker USD. It sits at 0.8020 this morning. The NZD/USD was initially a little softer yesterday.

Daily FX Update

FRIDAY’S NFP IS KEY EVENT FOR FX THIS WEEK ● USD — upside risk expected on geopolitical risk and relative CB policy.

US Morning Update

Major Overnight Headlines • Ballistic objects in E. Mediterranean detected by Russian radar drop into the sea; Syria/Isreal detect no threats

FX Daily Strategist: Europe

RBA statement provides support to the AUD, but Asia growth outlook remains key The RBA’s statement this morning provided a moderate boost to the AUD with the Board adopting a more neutral stance,

UBS Morning Adviser

BoC Can’t Anchor CAD The overnight RBA decision has underscored the role of the AUD in the central bank’s interest rate prospects,

Australian Markets Weekly

AUD Range 0.92-0.88, break risk ● The AUD was stable over the month. But within a 4% range. Moves were driven primarily by external factors

Australian Markets Weekly

AUD: Multiple Pressures • Emerging market volatility should weigh on the AUD, but this is not the Asia Crisis II.

Weekly Commentary

Invention and intervention The Reserve Bank headed into the unknown last week, intervening in the housing market with its loan-to-value ratio (LVR) restrictions.