Every week we expect many interesting events that can shake the market.
Australia's major bank frets on financial stability amid mounting household debt
Australia's major financial institution ramped up its rhetoric on financial stability risks amid soaring household debt and runaway property prices, a threat, which helped ratings agency Moody's to downgrade Australia’s key banks this week.
Worries over the effects of a steep correction in the housing market mean that Australian interest rates are likely to stay at an all-time minimum of 1.50% for a considerable time notwithstanding some global major banks become hawkish.
In August 2016, the Reserve Bank of Australia reduced its interest rate. Since it has been intact, thus juggling the risks of record household debt, weak consumer spending and tepid inflation.
At their June policy gathering RBA board members spent much time talking about the relationship between financial stability as well as monetary policy. Moreover, they even looked though the academic literature and also policy experience in some countries, including the United States and Sweden.
How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3 Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…
A new week means new trading opportunities! Here are some events that can fluctuate the market actively…
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.