RBA lifts cash rate 25bps to 4.85% in split vote, citing “broadly based” domestic inflation pressures, Middle East conflict and AI boom. Indications are for a pause to assess in December. While risks are still skewed up, we stick with our existing base case that this is likely the peak of the cycle. As expected, […]
The post RBA Hikes Cash Rate to New High of 4.85%, a December Pause Likely appeared first on ActionForex.
Swiss inflation accelerated more than expected in October, with headline CPI rising from 1.0% to 1.5% yoy, above market expectations of 1.3%. On a monthly basis, consumer prices increased from 0.0% to 0.2%, also exceeding Read more…
Markets EUR/USD tried, but failed, to conquer the 1.12 mark yesterday. Significantly lower energy prices initially helped the single currency with gas prices falling from €104/MWh to €94 and Brent crude sliding from $118/b to Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Storing small items can be a Read more…