The USDJPY pair has pulled back after reaching its highest level since mid-August, dropping to around 148.00 before recovering slightly. The Japanese Yen gained strength due to comments from Japan’s Vice Finance Minister for International Affairs, which raised concerns about potential market intervention. Additionally, global risk sentiment shifted, with rising geopolitical tensions in the Middle […]
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Minutes from RBA’s September meeting revealed the consensus to keep the cash rate unchanged, as members felt there had been no significant changes since the previous meeting to justify a shift in policy. Members discussed Read more…
Hybrid – 23 and 24 September 2024 Members participating Michele Bullock (Governor and Chair), Andrew Hauser (Deputy Governor), Carolyn Hewson AO, Steven Kennedy PSM, Iain Ross AO, Elana Rubin AM, Carol Schwartz AO, Alison Watkins AM Members had granted leave of absence to Ian Harper AO, in accordance with section 18A of Read more…
Australia’s NAB Business Confidence improved in September, rising from -5 to -2. Business conditions also increased from 4 to 7, with key components such as trading conditions rising from 8 to 12, profitability up from Read more…