AUD Rebounds Before US Economic Reports
AUD Rebounds Before US Economic Reports The Australian Dollar (AUD) experienced a resurgence, stabilizing around the key threshold of 0.6500 amidst global market movements on Wednesday. This stability comes after Tuesday’s release of the US Consumer Price Index (CPI) data, which revealed a sharper slowdown in US inflation than forecasted, prompting a considerable drop in […]
Australia September CPI
Australia September CPI It was a broad based upside surprise in the core measures highlighting accelerating inflationary pressures. The CPI lifted 1.8% in the September quarter with the most significant contributions coming from new dwellings, gas and furniture. Gas and furniture were upside surprises to us but the main difference between our 1.1% forecast and […]
Reserve Bank Of Australia Raises Rates Again
Reserve Bank of Australia raises rates again The Reserve Bank Board should slow the pace of rate increases once it reaches its assessment of neutral. That is particularly because of the treacherous lags that will have built up as the inevitable result of such a sharp rate increase in rates, from 0.1% back in May. […]
AUD low confidence on business conditions by uncertainty globally
AUD low confidence in business conditions by uncertainty globally This week’s data from Australia highlighted the growing big difference between current activity and confidence. The business conditions continue to show strength across the economy, confidence has fallen below its long-run average. Arguably this deterioration stems from the availability and price of labor and other inputs […]
Upcoming Market Updates : GBP,AUD,JPY,EUR, CHF,CAD,USD
Upcoming Market Updates : GBP,AUD,JPY,EUR, CHF,CAD,USD Time 02:01 AM GMT+3 GBP: RICS House Price Balance, it measures level of a diffusion index based on surveyed property surveyors. Time 04:00 AM GMT+3 AUD: MI Inflation Expectations, it measures percentage that consumers expect the price of goods and services to change during the next 12 months. Time […]