Australian CPI inflation
Dollar Rallying Further, Stocks Fragile
April 27, 2022
The weighted DXY dollar index advanced another 0.4% overnight to its highest level since mid-March 2020 when the Covid pandemic was still a new phenomenon. The dollar rose 0.7% versus the Japanese yen, 0.5% against the euro, and 0.3% relative to the Swiss franc, but the U.S. currency has slid somewhat against the Australian and […] More
Australian Dollar Sinks 1% against U.S. Counterpart
April 24, 2019
Australian dollar weakness, evidence of gloomier business conditions in Germany, and a review of Canadian monetary policy highlight today’s market and economic developments. Softer-than-expected consumer price inflation depressed Australia’s currency by spurring speculation that the Reserve Bank of Australia might cut its 1.5% Official Cash Rate further. Consumer prices were flat on quarter in 1Q, […] More
Focus Returns to Central Banks
October 23, 2013
Concern persisted overnight that the People’s Bank of China is poised to diminish injections of liquidity to counter property price inflation. Short-term market rates are higher there. Bank of England minutes from this month’s earlier policy committee meeting revealed unanimity not to change the asset purchase program limit of GBP 375 billion but a likelihood […] More
