rba

On Monday we found out that the Eurozone’s CPI (Consumer Price Index) ticked higher in October, surprising markets for the better. Eurostat’s release puts the 19-nations block’s inflation at 0.1% for the month that has just passed, up from…
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Wednesday marked the release of China’s Retail Sales yoy (year-on-year) for the month of October. Results show a growth of 11%, compared to an expected 10.9% and a previous 10.9%, with the industrial production at +5.6% (expected 5.8%,…
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On Monday, China’s Caixin PMI (Purchasing Managers Index) came at 48.3 for the month of October, versus and expected 47.5 and a previous 47.2 posting. Whilst reports from the previous eight months have been of a constant economic decline,…
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The Reserve Bank of Australia is due to meet early tomorrow for its monthly monetary policy review. The decision for the interest rates at tomorrow's meeting is likely to be a very close call as recent inflation numbers could see the RBA…
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The Reserve Bank of Australia, in its monthly monetary policy meeting today decided to leave interest rates unchanged 2.0% for the 5th consecutive month. The RBA's monetary policy statement stuck to the basics noting that the Australian…
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The RBA's meeting minutes for the monetary policy review conducted earlier this month showed that the members acknowledged that growth was trending "below average" highlighting downside risks to the Australian economy. The members however…
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The Reserve Bank of Australia released its monthly meeting minutes for the monetary policy held earlier in July. The markets did not react much to the minutes which were seen as being largely positive. Two weeks after the RBA left…
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The Reserve Bank of Australia released its monetary policy statement earlier today and decided to leave interest rates unchanged at 2%. The RBA noted that it expects the US Federal Reserve to hike rates this year while noting that on the…
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Compared to the commodities market, the forex market was more relaxed with fewer spikes. The dollar had a tranquil flow yesterday, with no major news with impact on the trading evolution. The Aussie profited from this, with a hike over…
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The scarce news release regarding prices has driven the financial market into a consolidation phase as for the start of this week. Even though there was an overnight drop in commodities due to Gold supply exceed, the greenback kept its…
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