Market movers today Data calendar for Friday is almost empty. We have only UK retail sales due in the morning and US existing home sales out in the afternoon. ECB’s Lagarde will again be on air from Davos but as she was also speaking yesterday, we do not expect much news. Also two Fed speakers, […]
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RBA Governor Michele Bullock pushed back against the market’s initial interpretation of a divided board, emphasizing that the 5–4 split in the decision on today’s 25bps hike reflects a debate over “timing” rather than “direction”. Read more…
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RBA delivered a widely expected 25bps hike to 4.10%, but the real surprise lay in the 5–4 split decision, exposing a deeply divided board. The narrow margin suggests that while policymakers are concerned about inflation, Read more…