Reserve Bank of Australia (RBA) GovernorMichele Bullockis addressing a press conference following the announcement of the April monetary policy decision on Tuesday. Earlier on, theRBAkept the benchmark interest rate steady at 4.1% as widely expected. Key quotes Chance there is more strength in eco...
RBA target rate announcement data The cash target rate is the primary instrument for RBA's monetary policy. The RBA maintains the target interest rate by maintaining the balance in the official money market at that target rate. Following deregulation of the Australian financial markets in 1983, th...
Asia market update:Wed 3pm ET “D-Day” for Trump Admin Reciprocal Tariffs, with cautious gains in Asia pre-announcement; RBA holds but calls out tariff concerns; Focus on EU Mar CPI; US Mar ISM Mnfg PMI; US Feb JOLTS. General trend - US Treasury Sec Bessent announced that US...
The November FOMC meeting would see the Fed making a formal announcement on QE tapering. We expect the plan would begin immediately and is expected to end by mid-2022. The Fed funds rate will stay unchanged at 0-0.25%. The market has priced in over 60% of a rate hike... ...
TRADERS BUY AUSSIE CALLS AS RBA DECISION BOOSTS SPOT.Reports that United States securities traders begun buying Australian stocks following Reserve Bank of Australia's announcement that it will not raise interest rates.EBSCO_bspDerivatives Week
It can take many different forms such as an announcement, a quick meeting, blog, e-mail, poster at the employee entrances, and a notice in a break room on a bulletin board or a presentation. Conformance: Rating assignment used when the Audit team determines that a facility is in ...
"The announcement to trigger article 50 was never likely to be the straw that broke the camel's back for Sterling, as the milestone has had nine months of airtime," said Matt Simpson, senior market analyst at ThinkMarkets, in a Tuesday note. ...
Negotiations are already underway with several countries to find a middle ground so if Trump shows leniency, a relief rally could ensue. However, if the announcement contains very few exemptions and markets are left disappointed, shares on Wall Street could resume their sell...
Reports and rumors ahead of Trump’s reciprocal tariffs announcement next week will continue moving markets. Business and consumer surveys will try to gauge where the US economy is heading. Core PCE, the Fed's preferred inflation gauge, is eyed late in the week. Read more The...
Wary that lower interest rates could encourage households to take on excessive debt. Market reaction At the time of writing,AUD/USDis losing 0.37% on the day to trade near 0.6275. RBA FAQs What is the Reserve Bank of Australia and how does it influence the Aust...