RBA Assistant Governor Christopher Kent, in a speech today, emphasized that recent economic data have been “mixed,” reinforcing the need for RBA to “remain vigilant to upside risks to inflation.” Kent reiterated that, regarding the path of interest rates, RBA is “not ruling anything in or out.” Kent noted that the recent median estimate among […]
The post RBA’s Kent stresses vigilance amid mixed data and uncertainty over neutral rate appeared first on Action Forex.
You need some space? Then Rocket Lab USA (RKLB) can help you out. Space is their speciality. Related: Veteran investor sets his sights on Palantir, SoFi and Rocket Lab The Long Beach, Calif.-based space-systems company Read more…
Unexpected developments from Asia significantly influenced global financial markets last week. China’s surprise stimulus measures invigorated investor sentiment, leading to substantial gains in Chinese and Hong Kong equities, as well as strengthening Chinese Yuan. This Read more…
EUR/USD edged higher to 1.1213 last week but quickly settled back in range. Initial bias remains neutral this week first. Further rally is expected as long as 1.1001 support holds. Above 1.1213 will resume the Read more…