Australia PMI composite dropped to 47.7, deteriorating demand and worsening price pressures
Australia PMI Manufacturing dropped from 52.7 to 51.5 in November, a 29-month low. PMI Services […]
RBNZ hikes 75bps to 4.25%, tightening not finished
RBNZ raises the Official Cash Rate by a record 75bps to 4.25% as widely expected. […]
ECB Simkus: 50bps a must for Dec, 75 also possible
ECB Governing Council member Gediminas Simkus said, “it’s clear that 50 basis points is a […]
Canada retail sales dropped -0.5% mom in Sep, down -1.0% qoq in Q3
Canada retail sales dropped -0.5% mom to CAD 61.1B in September. Sales declined in 7 […]
RBA Lowe not ruling out return to 50bps hike, nor pausing
RBA Governor Philip Lowe reiterated in a speech that the Board expects to “interest rates […]
ECB Holzmann backs another 75bps hike to give a strong signal about determination
ECB Governing Council member Robert Holzmann told FT in an interview, that he could “see […]
NZ goods exports rose 14% yoy in Oct, imports surged 24% yoy
New Zealand goods exports rose 14% yoy to NZD 6.1B in October. Goods imports rose […]
Fed Mester: Makes sense that we can slow down a bit
Cleveland Fed President Loretta Mester said yesterday, “we’re at a point where we’re going to […]
Fed Daly: Premature to take anything off the table
San Francisco Fed President Mary Daly said yesterday that “it’s premature in my mind to […]
ECB Centeno: Many conditions in place for less than 75bps hike
ECB Governing Council member Mario Centeno was asked yesterday about whether the central bank should […]
WTI oil to break through 76.6 support as Saudi Arabia considers production increase
Oil prices tumble again today on news that Saudi Arabia is eyeing OPEC+ production increase, […]
AUD/NZD extending decline after RBNZ
AUD/NZD is extending the decline from 1.1489 after RBNZ’s rate hike today. For the near […]