-
AU inflation – a report to match Australia’s (hot) weather
Today’s inflation report is one that matches Australia’s weather. Hot. Choose your flavour – core CPI, trimmed mean or weighted – they’re all above expectations with no obvious signs of a ‘peak’ in sight. And that has seen any hopes of an RBA pause at their February meeting evaporate, topple the ASX 200 from its arguably overbought highs and send the Aussie higher. With higher interest likely coming for Australia, China’s reopening and higher base commodity prices, the Australian dollar could be a tough currency to bet against. chart Prior to the meeting there were come hopes that inflation could ... (full story)
- Comments
- Subscribe
-
- Older Stories
-
From ecns.cn|Jan 24, 2023The Chinese currency renminbi (RMB), or the yuan, remained the fifth most active currency for global payments by value in December 2022, a report has showed. The RMB's global ...
-
From blueberrymarkets.com|Jan 24, 2023video The USDJPY pair is currently trading within a bearish channel on the daily time frame. This is an indication that the pair has been in a downtrend for some time and is ...
-
From stuff.co.nz|Jan 24, 2023Chris Hipkins says at his first Cabinet meeting as prime minister he reiterated his expectation the reprioritisation work he signalled will be the government's absolute priority ...
-
- Newer Stories
-
From ibtimes.com|Jan 25, 2023|1 commentA technical issue with the New York Stock Exchange's opening auction on Tuesday led to more than 80 stocks being briefly halted at the start of trading, sowing confusion among ...
-
From visualcapitalist.com|Jan 25, 2023It was a turbulent year for the markets in 2022, with geopolitical conflict, rising prices, and the labor market playing key roles. Which stories captured investors’ attention the ...
-
From ons.gov.uk|Jan 25, 2023Producer Price Index (PPI) weights for 2021 and 2022 have been corrected, which has resulted in a small number of revisions within the previously published data back to January ...
- Story Stats
- Posted: Jan 24, 2023 11:30pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 1,030
- Linked events:
