- Comments
- Subscribe
-
- Older Stories
Well that was a day... Almost time to trot out the 'deer in headlights'... A double-whammy of a 30Y TSY auction bloodbath and Powell's considerably more hawkish-than-expected tone ...
U.S. Federal Reserve officials including Fed Chair Jerome Powell said on Thursday they are still not sure that interest rates are high enough to finish the battle with inflation, ...
Next week features China's data deluge with retail sales and industrial output as well as inflation data for India. Meanwhile, Japan reports GDP and Australia releases jobs ...
-
- Newer Stories
The USD/JPY increased by 0.25% on Thursday. Following a 0.44% gain on Wednesday, the USD/JPY ended the session at 151.345. The USD/JPY fell to a low of 150.768 before rising to a ...
Inflation in Australia has passed its peak but is still too high and is proving more persistent than expected a few months ago. CPI inflation remains above 5 per cent in year-ended terms – well above the Bank’s inflation target of 2–3 per cent. Underlying inflation is higher than was expected at the time of the August Statement on Monetary Policy. While goods price inflation has continued to moderate largely as expected, the prices of many services are rising briskly. Services price inflation reflects primarily domestically sourced costs for labour and nonlabour inputs and demand pressures; services price inflation in many other advanced economies has been slow to decline. Consistent with the signal from inflation, recent indicators of activity also point to growth in the economy having been a bit stronger this year than had been expected. post: RBA: CONSIDERED WHETHER TO PAUSE IN NOV, DECIDED A HIKE WOULD PROVIDE MORE ASSURANCE ON INFLATION #News #Markets #RBA #INFLATION #live post: RBA: SEES UNEMPLOYMENT AT 3.75% END 2023, 4.25% END 2024, 4.25% END 2025 #News #Markets #RBA #live
Positioning speculators add modestly to existing longs. Todd Colvin details.
- Story Stats
- Posted: Nov 9, 2023 6:50pm
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,277
- Linked event: