Tag: Australia

The Reserve Bank of Australia meet next week, November 1. ANZ tip a +25bp rate hike.

I posted earlier in the week on ANZ's call:This added by ANZ:We expect the RBA to push its inflation forecast for 2022 above 8%. Despite this we think the RBA will stick with...

Australia PPI for Q3 2022 +1.9% q/q (prior +1.4%)

Australia PPI for Q3 2022 +1.9% q/q expected 1.5%, prior +1.4%6.4% y/yexpected 6.4%, prior 5.6%With consumer level inflation coming in hoit (see below) eyes are on other inflation indicators such as this. -Earlier...

Crypto industry disappointed as Australia looks to enshrine tax rules By Reuters

© Reuters. FILE PHOTO: Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Praveen Menon and Byron Kaye SYDNEY (Reuters) - The...

CBA expect the Reserve Bank of Australia to rasie the cash rate by 25 bp next week

Analysts at the Commonwealth Bank of Australia are forecasting a 25bp rate hike at the November (1st) Reserve Bank of Australia meeting. CBA couch their call in the context of CPI data due...

AUD/USD Rebound Pulls RSI Out of Oversold Zone Ahead of Australia Employment

Australian Dollar Talking PointsAUD/USD appears to be stuck in a narrow range following the kneejerk reaction to the US Consumer Price Index (CPI), but fresh data prints coming out of Australia may prop...

AUD traders heads up – widespread flood damage in Australia

There is ongoing flooding in Australia, particularly in the southern state of Victoria. I'm posting this in case media headlines grab the attention of AUD traders. Victoria is Australia's second-most populous state and...

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