RBA Hold Rates, Yet Could ‘Ease’ Their Way Into 2020

In the final meeting of the year, RBA decided to keep rates on hold 0.75%, whilst keeping the door open for further cuts.

RBNZ Hold Rate And Refrain From A Dovish Meeting – Is the Low in?

RBNZ held and refrained talking their currency down, seeing the Kiwi dollar spike higher across the board.

A fresh low on RBA's cash rate saw the Aussie tumble.

RBA Cut Rates To A Fresh Record Low

With futures markets implying an 80% chance of a cut, and around 70% of economists also on board, then it was always going to take more than a simple cut to sink AUD today with any vengeance. Yet… Read More

AU Unemployment Rises, RBA To Ease Again In October?

  Headline employment data disappointed, increasing the probability of another RBA cut in their October meeting. Unemployment rose to 5.3% (highest rate since August 2016) +34.7 jobs were added, yet the headline figure was propped up by part-time… Read More

The Fed Are Expected To Cut Today – How Has That Fared For Markets Historically?

With the Fed widely expected to cut rates later today, we take a look at market returns for FX majors, commodities and the S&P500 following such an event. Using Fed Funds data from 1971, we filtered the Fed… Read More

Fed Slams The Dollar | AUD/USD, USD/JPY

Dovish comments from Fed officials has put a 50bps cut in July back onto the table for markets, and markets were quick to respond. Fed’s William’s said current estimates of the US neutral interest rates are around 0.5% and, if… Read More

RBA Minutes Confirm They’re ‘More Likely’ To Ease Further | AUD/JPY, AUD/NZD, GBP/AUD

The RBA’s minutes revealed what many had expected, by stating it’s ‘more than likely’ they’ll have to ease further in the period ahead. Summary From RBA Minutes on Monetary Policy Members judged that a decline in interest rates was unlikely… Read More

AUD Bears Get Squeezed As RBA Hold Rates

After much anticipation, the RBA opted to hold rates at 1.5%, making it the 30-consecutive meeting without a change of policy since lowering rates to record lows. That doesn’t mean they’re out of the woods yet though.