In the RBA Statement on Monetary Policy this morning, it is expected to see updated projections that run in line with the Bank's rate cut earlier in the week.
Markets will be interested in the degree to which the bank's central scenario on output growth is lowered, given that further rate cuts have been priced out in the aftermath of the policy meeting on Tuesday.
Commentary
RBA Statement on Monetary Policy to release this morning
In the RBA Statement on Monetary Policy this morning, it is expected to see updated projections that run in line with the Bank's rate cut earlier in the week. Markets will be interested in the degree to which the bank's …
Related articles
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
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…
FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)
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…
U.S. personal income and spending rose less than expected in August
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…
