Commentary
Add as a preferred source on GoogleAustralia's CPI is out on Wednesday. Lower fuel prices should help offset unfavorable Q1 seasonals to see a headline CPI rate of 0.2%q/q, 1.3%y/y. In underlying terms, whilst the broad rise in the price of tradable goods…
Australia's CPI is out on Wednesday. Lower fuel prices should help offset unfavorable Q1 seasonals to see a headline CPI rate of 0.2%q/q, 1.3%y/y.
In underlying terms, whilst the broad rise in the price of tradable goods thanks to a weaker AUD will likely provide some pressure, the tepid pace of wage and unit cost growth should help keep the broader basket inflating at a modest pace.
"We forecast the trimmed mean measure to be 0.4%q/q, 2.0%y/y", says RBC Capital Markets
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
