Economic News Category

The RBA with a 25bp hike Expected The RBA is set to hold their November meeting tomorrow and whilst the consensus is for a 25bp hike, it doesn’t mean they won’t do a 50bp one instead. Economists favor a 25bp hike, although money markets estimate a 51% chance of a 50bp hike tomorrow. It may

EUR USD | Euro US Dollar News EUR/USD continues to power forward and has breached the parity line for the first time since 20th September. The euro is red hot, having gained 2.1% this week, as the USD has hit a dump in the road and is lower against all major currencies. In the North

Upcoming Market Updates: JPY, NZD, AUD, CHF, EUR, USD, CAD JPY: SPPI y/y, it measures Change in the price of services purchased by corporations. NZD: ANZ Business Confidence, it measures Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers. AUD: CPI q/q, it measures Change in the price

Upcoming Market Updates: JPY, EUR, GBP, USD JPY: BOJ Core CPI y/y, it measures Change in the price of goods and services purchased by consumers, excluding food and energy. EUR: German ifo Business Climate, it measures Level of a composite index based on surveyed manufacturers, builders, wholesalers, services, and retailers. GBP: MPC Member Pill Speaks,

Upcoming Market Updates: AUD, JPY, EUR, GBP, USD AUD: Flash Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. AUD: Flash Services PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the services industry. AUD: RBA Assist Gov Kent Speaks, He’s