Another line ball decision for the RBA, but expect no change in April
The market is firmly expecting another rate cut from the RBA at today’s Board meeting. The domestic data flow has not delivered any large negative...
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US employment growth moderates, buying the Fed and growth investors more time
The March non-farm payrolls release confirmed that employment in the United States continues to expand but at a more moderate pace over the past...
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A new narrative for the Australian dollar in a zirped-up world
The RBA’s recent communications continue to draw attention to the central bank’s view that the Australian dollar remains relatively high given the...
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The New Capital Discipline and the RBA's Line Ball Decision
The Reserve Bank Board meets today, a month after cutting the official cash rate (OCR) by 25 basis points to a multi-decade low of 2.25%. This...
495 Views
Currency wars miss the target as a market narrative
The use of military analogies often makes for a powerful and vivid narrative. And so it is with ‘currency wars’, which has captured the attention...
384 Views