Summary: RBA says November CPI largely as expected, “not a lot of news” Inflation above target, with core still sticky at 3.2% Deputy governor reiterates …
Category: Central Banks
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
Summary: Finance ministry flags heightened FX volatility and readiness to act Officials argue won moves don’t reflect fundamentals Verbal intervention aims to deter one-way/speculative momentum …
Summary: PBOC rolls CNY 1.1tn via three-month outright reverse repos Structure uses fixed quantity, multi-price bidding Signals liquidity stability, not necessarily new net easing Supports …
Summary: Japan real wages fell 2.8% y/y in November Sharp drop in bonus payments weighed on incomes Nominal wage growth slowed to 0.5% y/y Inflation …
Australia’s national broadcaster, the ABC, will carry an interview with RBA deputy governor Andrew Hauser “later this morning”. There is no further indication re the …
Summary: China’s FX reserves rose USD 11.5 bn in December to USD 3.36 trn Record near-USD 1 trn trade surplus has renewed yuan valuation debate …
The Reserve Bank of India have stepped into the FX market with intervention so support the rupee. Yesterday I reported on four consecutive days of …
Summary: November CPI flat m/m, softer than Westpac expected Annual CPI eased to 3.4%, below forecasts Downside risk to December-quarter inflation outlook Energy rebates again …
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …