Fundamental Overview The USD has been weak almost across the board since the NFP report as the softer than expected data triggered a quick dovish …
On core inflation, a majority of analysts and estimate have it pinned in and around +0.3% m/m for July. As such, this makes Jefferies’ +0.246% …
Eurostoxx +0.3% Germany DAX +0.1% France CAC 40 +0.5% UK FTSE +0.2% Spain IBEX +0.5% Italy FTSE MIB +0.5% It’s a decent start but still …
The firm is forecasting that core CPI is seen at +0.35% m/m (vs +0.32% m/m estimate) and +3.11% y/y (vs +3.00% y/y estimate) in July. …
Being pre-emptive suggests that we will take action based on something that we expect might happen And we are already doing that to some extent …
Prior 4.7% Employment change 239k vs 185k expected Prior 134k Average weekly earnings +4.6% vs +4.7% 3m/y expected Prior +5.0% Average weekly earnings (ex bonus) …
We do not target asset prices No promises on what the RBA will deliver on rates if financial markets face volatility bout There are risks …