rba

During the Asian session today, all eyes were on inflation figures from Australia which, unlike other nations, publishes inflation data on a quarterly rather than monthly basis. Today’s figures showed a positive surprise, which sent the…
Read More

The currency markets opened on Monday on a quiet note with most of the trading confined to the Asian and European sessions. The US and Canadian markets were closed on Monday. Economic data during the day was confined to the services PMI…
Read More

Market Summary RBA maintains interest rate at 1.50% in August Australia trade deficit points to a stronger Q2 GDP growth BoJ officials keep markets guessing on next policy move Switzerland GDP advances more than expected in…
Read More

The British pound closed the week as the top currency gaining 1.38% relative to the US dollar. The gains came on a surprise improvement in the UK's manufacturing PMI. Although construction PMI still showed a contraction, the better than…
Read More

Market Summary Australia home loans rise 1.20% in June RBA Gov. Stevens talks about fiscal policies in his farewell speech Industrial production in France fell 0.80% in June Manufacturing production in France fell 1.20% in…
Read More

The markets opened to a new trading month this week with Monday seeing global manufacturing PMI's as traders kept an eye on the RBA and Bank of England monetary policy decisions. In China, manufacturing and services PMI was mixed as the…
Read More

Economists divided on RBA’s policy decision this week Forecasts point to a 25bps rate cut, expected to bring down interest rate from 1.50% to 1.25% Latest quarterly inflation data shows a QoQ increase of 0.40% or an annualized…
Read More

After closing the week before as the top performing currency, the US dollar fell against its peers turning out to be the weakest currency for the week ending July 29. The dollar turned weaker after the FOMC statement failed to convince…
Read More

The Reserve Bank of Australia opted to keep interest rate unchanged at 1.75% at its meeting today. The Bank of England released its Financial Stability report and lowered the bank’s capital buffer requirements, in a bid to allow for nearly…
Read More

The Reserve Bank of Australia is set to announce the interest rate decision on Tuesday at 0430 GMT. Interest rates are expected to stay unchanged at 1.75%. Economic data has been positive since the RBA cut rates by 25 basis points on May…
Read More