Major
FX rates traded in subdued ranges for the session here, waiting for
the US nonfarm payroll report the excuse du jour.
Despite
this there were three interesting points to come out of the session.
Two
of...
Westpac revised thier forecast for the Reserve Bank of Australia following the smaller than expected 0.25% rate hike on Tuesday this week. The revisions were soon after the meeting, posting them now ICYMI:The...
This added update is via Reuters:2022 Brent price forecast to $104 per barrel from $992023 forecast to $110 per barrel from $108 raised its fourth quarter 2022 and first-quarter 2023 Brent price forecast...
The RBA Financial Stability Review has been published (link is to the full text). Highlight Headlines via Reuters: Financial stability risks have increased globallyMarkets stressed by synchronised policy tightening, geopolitical tension, higher us...
The data on wages and spending are here:Both are disappointing. --Meanwhile USD/JPY popped 145 overnight but has slipped back just a little in morning trade here. Above 145.70 was where we had Japanese...