Reserve Bank of Australia RBA Archives

Yen not far from recent lows despite intervention talk

By Craig Erlam It’s been a wild couple of days in financial markets from a potential FX intervention to interest rate decisions and vast amounts of economic data, not to mention a

5th October 2023

Markets/World

‘Aussie’ falls as RBA leaves rates on hold

By Craig Erlam The Australian dollar softened Tuesday after the RBA opted to leave the Cash Rate at 4.1%, but warned some further tightening may be required. The decision and statement –

3rd October 2023

Markets/World

Eurozone inflation revised lower

By Craig Erlam Eurozone headline inflation was slightly lower than the 5.3% initially reported in August, while core was unrevised and is now modestly higher. Both are expected to fall going into

19th September 2023

Markets/World

Stocks try to rebound as bond yields hit 15-year high

By Edward Moya Now that we heard from Walmart, it is clear that the US consumer is still willing to spend. Expectations for robust consumer spending in Q3 have been confirmed and

18th August 2023

Markets/World

RBA delivers hawkish pause, Zuckerberg takes on Musk

By Craig Erlam Tuesday has been a relatively quiet session with the US bank holiday weighing on activity and those remaining having an eye on Friday’s jobs report. But the day hasn’t

4th July 2023

Markets/World

Weak trade weighs on China exports, oil slips further

By Craig Erlam European indices and US futures look a little flat Wednesday following a mixed session in Asia overnight, as Chinese trade data failed to inspire, while Australian GDP pointed to

7th June 2023

Markets/World

Stock futures trade mix, German industry shows more weakness

By Naeem Aslam US and European markets are set for a mixed open Wednesday as traders pay close attention to weak economic numbers out of China and another surprise interest rate hike

7th June 2023

Markets/World

Investors cautious ahead of Fed, ECB

By Craig Erlam Investors appear to be treading carefully ahead of some key interest rate announcements this week, most notably the Fed on Wednesday and the ECB a day later. Eurozone inflation

2nd May 2023

Markets/World

Markets stabilise after surprise OPEC+ cut

By Lukman Otunuga, Senior Research Analyst at FXTM European shares were painted green on Tuesday even as oil prices extended gains following the unexpected production cuts from OPEC+ on Sunday. However, a

4th April 2023

Markets/World

Anxiety subsides, RBA pauses rate hikes

By Craig Erlam Stock markets were moving cautiously higher again on Tuesday as anxiety continues to subside in the aftermath of last month’s mini-banking crisis. RBA pauses The RBA paused its tightening

4th April 2023

Markets/World