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 […]
RBA Hopes for Stronger Data to Avoid “Policy Mistake” Discussion
With the market still digesting the recent central banks’ announcements, the focus in Australia now […]
Dollar Rallies on Strong Non-Farm Payroll Data, Can It Keeps the Momentum?
Dollar jumps in early US session as lifted by a set of strong non-farm payroll […]
RBA Lowers Growth and Inflation Forecasts But Seems Nervous – August Board Meeting “is Live”
The RBA highlights the key to the policy debate – the risks to the inflation […]
RBA SoMP: Faster inflation slowdown in 2023, but not after
In the quarterly Statement on Monetary Policy, RBA reiterated that “some further tightening of monetary […]
Cliff Notes: An Event-Filled Week
It has been a busy but highly-informative week, with the RBA, FOMC and ECB all […]
Australian retail sales exceed expectations, rising 0.4% mom in Mar
Australia’s retail sales turnover increased by 0.4% mom to AUD 35.3m in March, surpassing expectations […]
RBA Lowe: The board is not on pre-set course
RBA Governor Philip Lowe reiterated in a speech that after today’s 25bps rate hike, “some […]
Investors Cautious Ahead of Fed and ECB Later in the Week
Investors appear to be treading carefully ahead of some key interest rate announcements this week, […]
Aussie Soars after RBA Shocks with 25-bp Hike
RBA unexpectedly raises rates by 25 bp AUD/USD jumps 1% Federal Reserve widely expected to […]
Unexpected Interest Rate Hike In Australia Strengthens AUD
According to Reuters, market participants were waiting for a pause in a series of interest […]
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. […]