RBA Stood Pat on Rates Again but Kept More Tightening In Play
The central bank of Australia kept rates unchanged for second straight meeting today as inflation is coming down, but refused to rule out more hikes
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The central bank of Australia kept rates unchanged for second straight meeting today as inflation is coming down, but refused to rule out more hikes
Watch today’s US Open for insights on the EUR/USD fall from the reserved Fed and the strong NFPs, Meta’s blockbuster results, renewed regional banking fears and more
The US lender announced a 71% reduction in dividend and a rare net loss in Q4 due to higher provision for credit losses, reigniting fears around regional banks nearly a year after the Silicon Valley Bank failure
The pair extended its slide last week, as the Fed’s cautious stance and the strong jobs report moderate market pricing around the timing and amount of Fed cuts
The social media giant delivered another blowout quarter on the back of higher ad sales, its main revenue generator, which is also helped by the AI push
Watch today’s US Open for insights on the Fed’s dismissal of a March cut, the Bank of England’s hint for end of tightening and more
The pair slides as the Fed laid the groundwork for a policy pivot, but warned it’s not yet ready to cut rates
Australian inflation moderated further in Q5 according to today’s data, raising the bar for further monetary tightening by the RBA, putting pressure on the pair
Oil prices rose last week as western commercials vessels continued to be attacked in the Middle East, while a hit against US outpost in Jordan resulted to three fatalities
The French index rises after Ms Lagarde stood by recent comments for summer rate cuts, while luxury giant LVMH posted strong 2023 results
Watch today’s US Open for insights on the ECB hold and its impact on EUR/USD, Tesla’s underwhelming results and more
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