Category: Uncategorized

So much fuss for nothing as US yields erase the downgrade rise

European indices slightly higher at the open as downgrade concerns vaporise

RBA lowers the cash rate target to 3.85% vs 4.10% prior as widely expected

Heads up: RBA monetary policy decision coming at the bottom of the hour

ForexLive Asia-Pacific FX news wrap: USD/JPY swings. PBoC cuts. RBA next.

The AUD falls on more dovish RBA forecasts

Germany April PPI -0.6% vs -0.3% m/m expected

RBA Governor Bullock: Did discuss 25 bps or 50 bps cut

RBA Governor Bullock: Must now keep inflation down, well placed to do so

South Korea end-March household credit marks fastest growth Y/Y since end-June 2022

US and Japan are expected to hold talks on Friday, May 23

Australian politics – Opposition coalition splits. Nationals withdraw.