Australia
Australian Interest Rate Preview
February 1, 2010
I expect a 25-basis point rate hike by the Reserve Bank of Australia to be announced at 03:30 GMT Tuesday (22:30 EST in the U.S. tonight). It’s been nine weeks since the last RBA Board’s last policy meeting, when a third straight hike of 25 basis points to 3.75% was implemented. Reviewing that action on […] More
Politicians Won’t Risk Not Reconfirming Bernanke
January 25, 2010
The dollar and yen are slightly lower in a sign of somewhat receding risk aversion, but stocks still look shaky. Congress took a look at the stock market bloodbath last week and decided not to kill Bernanke’s reappointment at Fed Chairman. The yen fell 0.4% against the dollar, which is otherwise off 0.8% against the […] More
Focus on Fed and Other Central Banks
December 16, 2009
The dollar is mixed as markets await the FOMC statement around 19:15 GMT today. No rate change is expected. A change in language on future rate guidance also seems unlikely, but modifications will be made in economic assessment and possibly comments about unconventional stimulus. The dollar is up 0.7% against the Australian dollar and 0.4% […] More
