The Reserve Bank of Australia Surprised with its Rate Hike, Kept Door Open to More Moves
The central bank of Australia raised rates by 25 bps against market expectations for another hold, while keeping the door open to further tightening
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The central bank of Australia raised rates by 25 bps against market expectations for another hold, while keeping the door open to further tightening
Sales of gaming console Playstation5 hit record highs in Fiscal 2022 as today’s release showed, as Microsoft Xbox seems to struggle and UK regulator blocked the acquisition of Activision
In the first meeting under new Governor Mr Ueda, the BoJ stood pat on its easy policy setting, but tweaked its forward guidance and upgraded its inflation forecast
Watch today’s US Open for commentary on the strong quarterly results by tech heavyweights, the persistent fears over the health of the financial system, the latest GDP figures from the US and more
Banking fears creeped back in after First Republic disclosed massive deposit outflows. This weighed on the Index, but strong Big Tech results help the tech heavy-Index, ahead of PCE inflation update
The Facebook and Instagram parent company posted strong financials and users metrics, as it continues its effort to become more efficient and catch up on AI
The two contenders in the generative Artificial Intelligence arena reported solid quarterly results, with Google Cloud finally breaking into profits
Today’s data showed that CPI inflation moderated to 7% y/y in the first quarter in Australia, not long after the country’s central bank had paused its year-long rate hike cycle
Watch today’s US Open for commentary on the upcoming Big Tech earnings, the renewed banking jitters, the latest ECB-speak and more
The index faces difficulties on the cusp of a bull market, as markets brace for a series of earnings by tech heavyweights, including Facebook-parent Meta Platforms
The regional US bank came under pressure after the failure of Silicon Valley Bank in March and is latest earnings report revealed a 40% slump in deposits during the first quarter
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