RBA minutes

Stocks and Commodities Up, Dollar and Bond Yields Down

October 18, 2016

The dollar eased overnight against the currencies of other advanced economies. Losses of 1.1% against the kiwi and 1.0% versus sterling led this move. The dollar also fell 0.7% relative to the Australian dollar, 0.5% versus the loonie, and 0.1% relative to the yen, euro and Swiss franc. The pound was lifted by news that […] More

Weaker Australian and New Zealand Dollars

May 20, 2014

The U.S. currency is 0.7% stronger against the Aussie dollar and up 0.5% relative to the kiwi.  The U.S. dollar otherwise is unchanged against the Swiss franc and Chinese yuan, 0.1% firmer verus the loonie and euro and 0.1% softer against the yen and sterling. Share prices fell 2.4% in Indonesia, 1.1% in Thailand where […] More

Central Bank Surprises in India and Australia

July 16, 2013

Published minutes from the Reserve Bank of Australia reflected a tilt away from additional monetary easing.  At the policy board meeting earlier this month, officials observed that past rate cuts were positively impacting housing and other aspects of the economy and believed that this support had not yet run its course.  Aussie dollar depreciation was […] More

All Eyes on the FOMC

June 18, 2013

Whether, when, and by how much to taper quantitative stimulus is the question of the day, as the FOMC meets on the first day of a 2-day meeting.  Creating even more uncertainty, President Obama while attending the G8 summit indicated that Chairman Bernanke had not originally planned to stay in that post as long as […] More

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