Sydney – 6 September 2022 Members present Philip Lowe (Governor and Chair), Mark Barnaba AM, Wendy Craik AM, Ian Harper AO, Carolyn Hewson AO, Steven Kennedy PSM, Carol Schwartz AO, Alison Watkins AM Members had Read more…
Japan CPI accelerated from 2.6% yoy to 3.0% yoy in August, above expectation of 2.6% yoy. CPI core (ex-fresh food), rose from 2.4% yoy to 2.8% yoy, above expectation of 2.7% yoy. CPI core-core (ex-fresh Read more…
Key Highlights GBP/USD traded to a new 37-year low at 1.1350. It traded below a connecting bullish trend line with support at 1.1495 on the 4-hours chart. EUR/USD is consolidating losses below the 1.0050 resistance Read more…
We have long argued that 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 Read more…
The focus this morning for local markets has been on the RBA Board meeting minutes for September and on possible clues as to the Board’s view around the pace of future interest rate hikes. Heading Read more…
When is the FOMC monetary policy meeting? The FOMC’s September monetary policy meeting will conclude at 14:00 ET on Wednesday, September 21. Fed Chairman Jerome Powell’s accompanying press conference will begin at 14:30 ET. What Read more…
USD/CAD reached its highest level since November 3rd, 2020 today as price continues to shoot higher, reaching an intra-day high today of 1.3344. However, is the pair ready to pull back? After a 220 pip Read more…
The Bank of England meets this week to discuss interest rate policy. Expectations are that the central bank will hike 50bps, however some are holding out hope for a potential 75bps. The BOE was one Read more…
The COO of the meat alternative company was reportedly arrested in parking garage dispute that escalated in a very unusual way Parking garage disputes can be frustrating. As drivers struggle to get out of busy Read more…