Canadian Dollar Rises on Unexpected Inflation Uptick; Australian Dollar Continues to Struggle
Canadian Dollar is enjoying a broad rally in early US trading session, fueled by data […]
RBA: Minutes to May Board Meeting Make Strong Case to Justify Rate Increase
Despite the strong case the Minutes point to the decision in May being “finely balanced” […]
Will Australia’s Labor Data Tempt RBA to Hike Again?
Despite the Reserve Bank of Australia (RBA) saying at its May meeting that more rate […]
Aussie Shrugs Off RBA Minutes, Weak Consumer Confidence
RBA minutes state further rate hikes possible. Australian consumer confidence sinks. Australian wage growth to […]
RBA Minutes: Further hikes may still be required
Minutes of RBA’s May meeting revealed a detailed discussion where Board members weighed the pros […]
Week Ahead – Turkey Heads to Polls, US Retail Sales Eyed, China Ponders Rate Cut
US Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, […]
Chinese Data on Radar Amid Worries of a Faltering Economic Recovery
The next batch of economic indicators out of China are due on Tuesday (02:00 GMT) […]
Week Ahead – Focus on US Retail Sales as Debt Ceiling Drama Rumbles On
With no central bank decisions on the menu next week, investors will turn to data […]
Aussie Takes a Tumble, UoM Consumer Sentiment Next
Australia’s inflation expectations higher than expected US inflation unlikely to sway Fed UoM consumer sentiment […]
Australia sees second consecutive quarter of falling retail sales volume amidst rising living costs
Australia’s retail sales volume declined by -0.6% qoq to AUD 96.17 billion in Q1 2023. […]
Australia NAB business confidence rose to 9, conditions down to 14
Australia NAB Business Confidence index rose from -1 to 0 in April, while Business Conditions […]
Australia wage growth accelerated to 0.8% in Q1, highest in over a decade
Australia wage price index posted 0.8% qoq increase in Q1 2023, slightly short of expected […]