The central issue for the economies and markets will be the evolution of inflation over 2023. Westpac forecasts that headline inflation in Australia will peak at 7.4% in 2022 (December quarterly result to be released on January 25). That read will be an increase from 6.3% in the year to June 2022. We expect headline […]
The post Inflation Dynamics Point to RBA’s Tightening Cycle Peaking after the FOMC appeared first on Action Forex.
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GBP/USD is holding near 1.3315 on Tuesday. The pound posted a modest gain the previous day but remains close to three-month lows amid ongoing uncertainty over the impact of the Middle East conflict on the Read more…
Markets More than two weeks after the start of the military action of the US and Israel against Iran, markets yesterday apparently reached a Short term evaluation point. After adapting towards stagflationary risk due to Read more…