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Reserve Bank of Australia decision due imminently, preview

November 7, 2023

The RBA statement is due at 2.30pm Sydney time, which is 2230 US Eastern time and 0330 GMT. a +25bp rate hike is a near-unanimous …

Central Banks

Reserve Bank of Australia expected to hike its cash rate by 25bp today, but “a close call”

November 7, 2023

Every analyst I’ve read on the Tuesday, 7 November 2023 RBA decision has forecast a rate hike. I have seen a couple of hold outs …

Central Banks

More from Fed’s Kashkari: Fed has more work to do to get inflation under control

November 6, 2023

Minneapolis Federal Reserve Bank President Neel Kashkari had comments earlier: Fed’s Kashkari says he’s not convinced FOMC rate hikes are over More now, this time …

Central Banks

Former RBA Board member on ways to lower Australian inflation (& why RBA will hike today)

November 6, 2023

A tweet from Warwick McKibbin, who was a member of the Reserve Bank of Australia policy board for a decade and is now a Professor …

Central Banks

Fed’s Kashkari says he’s not convinced FOMC rate hikes are over

November 6, 2023

more to come Minneapolis Federal Reserve Bank President Neel Kashkari in the Wall Street Journal (gated) “Undertightening will not get us back to 2% in …

Central Banks

China – PBOC lowered the interest rate of existing mortgage loans

November 6, 2023

An ICYMI in Xinhau on the People’s Bank of China: interest rates on more than 22 trillion yuan (about 3.06 trillion U.S. dollars) of existing …

Central Banks

Economic calendar in Asia Tuesday, 7 November 2023: Reserve Bank of Australia decision day

November 6, 2023

The RBA statement is due at 2.30pm Sydney time, which is 2230 US Eastern time and 0330 GMT. Earlier previews: RBA Shadow Board recommends a …

Technical Analysis

USDJPY tests 150.00. Key natural resistance level being tested

November 6, 2023

The USDJPY is trading at 149.97 and in the process is pushing the natural resistance at 150.00. A move above and traders will be looking …

Technical Analysis

New highs for the USD, but the ranges vs majors is limited

November 6, 2023

The USD is making new highs versus a number of the major currencies including the: EUR GBP JPY The USD is near highs versus the …

Technical Analysis

Major indices now lower on the day

November 6, 2023

As the day works toward the close, the major US stock indices have turned into negative territory: Dow Industrial Average is down 61 points or-0.18% …

Central Banks

Fed senior loan officer survey: Banks tightened standards during Q3 for commercial loans

November 6, 2023

Banks reported tighter lending standards and weaker demand for commercial and industrial loans across all firm sizes in the third quarter of 2023. Commercial real …