Tag Archives: RBA
FX Daily Strategist: Europe London: 14 November 2011
Did Happy Friday pre-empt a Happy Monday? On Thursday we noted the risk of a series of fortunate evidence in Italy that could conspire to produce a decent risk rally on Monday – the Senate and lower house passage of the austerity/reform bill, the resignation of Silvio Berlusconi, an announcement that Mario Monti has been […]
Australia: RBA Statement on Monetary Policy (SoMP) – Growth forecasts appear optimistic if commodity prices continue their decline
Background: Given the change in policy direction delivered on Tuesday, today’s SoMP from the Reserve Bank of Australia is likely to attract a greater than normal level of attention.
Australia: RBA Deputy Governor Battellino signals a ‘wait-and-see’ approach
In an address to an Australian and New Zealand investment conference, Reserve Bank of Australia Deputy Governor Ric Battellino appeared to signal a “wait-and-see” approach to policy settings.
Australia: Employment surprises to the upside in September
SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE) Employment increased 20,400 (0.2%) to 11,451,200. Full-time employment increased 10,800 persons to 8,044,200, and part-time employment increased 9,600 persons to 3,407,100. Unemployment decreased 3,800 (0.6%) to 634,200. The number of persons looking for full-time work decreased 6,200 to 453,100, and the number of persons looking for part-time work increased 2,400 […]
Australia and New Zealand Weekly: Will the RBA start swimming with the global tide?
Central bank watch: Australia – No compelling reason for the RBA to do anything Doing nothing appears to be the strategy that offers the RBA the best risk/return. That said, the RBA used this week’s statement to state that it is ready willing and able to ease policy if required.
GAVIN STACEY : Today the RBA left the cash rate unchanged at 4.75%
Today the RBA left the cash rate unchanged at 4.75%. While uncertainty about global growth remains high, sitting on the sidelines is most likely to be the RBA strategy. The RBA continues to remain caught between the longer term positive fundamentals (ToT and mining capex) and the near-term growth risks originating in EU. Th
Australia: RBA board minutes – ‘Market pricing might not be giving an accurate reading of expectations’
The Reserve Bank of Australia(RBA) decided to leave the cash rate at 4.75% following the September board meeting. International Financial Markets:”Members began their discussion by observing the extreme volatility in financial markets over the past month, which reflected fears about a slowdown in the global economy and escalation of sovereign debt tensions in the United […]
AUD employment data weaker than expected…
Don’t be alarmed. Yes, today’s employment numbers were weaker than expected (+8000 vs. mkt +25,000) and confirm the labour market has stabilised. But stabilised, not weakened.