Browsing Tag

Australian Economy

Can Flash October PMIs Turn the Markets Around?

Daniel John Grady Oct 23, 2023 53 0

Global equity indices have been on the backfoot this month, thanks to a drop off in risk appetite. Normally October is a time of rebound from September, but the heightened tensions in the Middle East on top of a rise in global interest…
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Fundamental Analysis

What to Expect from RBA Meeting

Daniel John Grady Sep 4, 2023 56 0

The RBA is widely expected to keep rates unchanged this time around. But the focus will be on the post-rate decision remarks, as there is considerable uncertainty about when and if there will be another rate hike. There are a couple of…
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Fundamental Analysis

RBA Still Expected to Hike – Then What?

Daniel John Grady Jul 31, 2023 37 0

Despite the recent inflation print that was better than expected, there is still a pretty solid expectation that the RBA will hike rates at its policy meeting tomorrow. The market reaction could depend more on what the reserve bank signals…
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Fundamental Analysis

Australia June CPI and the Prospect of More Rate Hikes

Daniel John Grady Jul 24, 2023 53 0

After the RBA left the door open for another rate hike when it meets next week, there is a lot of attention on CPI figures to be released on Wednesday. There was quite a bit of division ahead of the last rate decision, so the surprise of…
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Fundamental Analysis

Will Australia CPI Let the RBA Keep the Pause?

Daniel John Grady Apr 24, 2023 579 0

Australia's CPI figures for the first quarter will be pivotal for what the RBA does next. Given what happened in New Zealand with their CPI, there is likely renewed interest in the Australian figures this time around. There have been some…
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Fundamental Analysis

Global Flash PMIs, and the Return of Investor Optimism?

Daniel John Grady Jan 23, 2023 81 0

At the conclusion of the latest WEF meeting in Davos, many of the leaders there were optimistic that the world would avoid a recession. Or, at least, if there was a recession, it would be short and shallow. A substantial portion of that…
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Fundamental Analysis

Chinese Coal Rumors Boost AUD

Daniel John Grady Jan 4, 2023 78 0

The AUDUSD caught a bit of a bid yesterday on rumors that China might lift its ban on coal imports from Australia. This could have an important impact on the Australian currency. But, it could also not end up becoming effective, since this…
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Fundamental Analysis

Global December Flash PMIs Expected to Affirm Downward Trend

Daniel John Grady Dec 15, 2022 456 0

After the cycle of major central banks this week, probably the last major data of the year is tomorrow's release of preliminary PMI figures. Because of the holidays at the end of the month, many data points have been brought forward by a…
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Fundamental Analysis

Australia October Unemployment and Stronger Aussie?

Daniel John Grady Nov 16, 2022 734 0

The AUDUSD has been trending higher for about a month at this point, but a substantial amount of that could be attributed to events outside of Australia. The latest data releases give reasons to expect a stronger Aussie, but the actions…
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Fundamental Analysis

RBA Interest Rate Decision: Another 50bps?

Daniel John Grady Oct 3, 2022 854 0

Normally, higher rates would be seen as good for the banking sector. So there is understandably some concern about the financial markets since Australian banking shares are down considerably despite a broad consensus that the RBA will raise…
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