Key insights from the week that was. The RBA Monetary Policy Board (MPB) unanimously decided to leave the cash rate unchanged at 4.35% this week, as widely expected. However, in the subsequent communications, the MPB clearly leaned against the idea that the hiking cycle is definitively over. After emphasising that both headline and underlying inflation […]
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EUR/GBP’s advance this week is telling a bigger story than simple Euro strength. What markets are really pricing is a fading belief that the Bank of England will need to deliver significantly more tightening than Read more…
Japan’s core consumer inflation remained unchanged at 1.4% yoy in May, matching expectations and staying below the Bank of Japan’s 2% target for a fourth consecutive month. Headline CPI edged up from 1.4% yoy to Read more…