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AUD traders heads up – RBA (Hunter) speaking on Wednesday

AUD traders heads up – RBA (Hunter) speaking on Wednesday

Given Hunter's role at the Reserve Bank of Australia I expect there will be comments of pertinence to traders. The RBA is focusing on bringing inflation back to target. The target band is 2-3% and 2.5% is the aim. The flip side of the mandate is to try to preserve as...

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Australian August business confidence -4 vs. prior +1

Australian August business confidence -4 vs. prior +1

National Australia Bank monthly survey of business, for August 2024Business Confidence -4, lowest for the year so farBusiness Conditions +3 prior +6conditions to the lowest in 2-1/2 yearsemployment index came in at +1, sharply down from +7 in July Inflation...

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Japan PM contender Kato wants folks to have higher wages

Japan PM contender Kato wants folks to have higher wages

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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The changes proposed for the Board of the RBA have failed

The changes proposed for the Board of the RBA have failed

The key change for the Board of the RBA was the proposal to split the existing RBA board into separate groups for interest rate-setting and governance.The board split was supposed to come into effect on July 1Australian Treasurer Chalmers was driving the proposed...

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A recession will engulf Europe early next year

A recession will engulf Europe early next year

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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