Tag Archives: RBA

Is the RBA wrong? (Or where do the risks lie?)

The RBA lowered its GDP growth and near-term inflation forecasts in the August Statement on Monetary Policy (SMP).

In FX, EUR continued to inch lower to 1.312 ahead of Thursday’s ECB meeting.

Blockbuster week in Australia with loads of key economic data, an RBA rate decision tomorrow, and a speech from the RBA Governor on Wednesday.

This week’s RBA monetary policy announcement is unlikely to surprise.

The USD is stronger across the board in Asia. AUDUSD has fallen to 0.9294, partly in response to

The RBA’s half-yearly testimony had a somewhat more positive tone without going overboard on growth specifics

NAB Business Survey improves further in July. Business conditions not only held up in July,

In the week ahead, investors will be looking ahead to Wednesday’s minutes of the Federal Reserve’s latest meeting,

FOMC focus on labor markets “slack” The recent FOMC provided a slightly more hawkish statement by

RBA keep rates steady Tuesday again noting “the most prudent course is likely to be a period of stability in interest rates”,

The NZD/USD managed to (once again) keep its headabove the 200-day moving average into the close, losing0.2% to sit at 0.8460.

Hard to see light in the middle of a storm Investors unshakable optimism gave out this week.