rba

The Reserve Bank of Australia, at its monetary policy meeting, held interest rates steady at 2.0%. In the monetary policy statement, RBA Governor Glenn Stevens noted that global economy continued to grow but at a slow pace than expected and…
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Yesterday’s RBA (Reserve Bank of Australia) minutes had only a slight impact on the AUD/USD trend, moving the major 10 pips up in a neutral position. In terms of technical analysis, the price has the support at the 100 SMA (Simple Moving…
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During Monday the Chicago Business Barometer went down 7.5 points, hitting a low of 48.7. The massive fall was caused by the decline is new orders, which reached their lowest point since March. The Barometer’s reading for October was at…
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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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