
The central banks' meetings will highlight the week as well as the PPI release
The Reserve Bank of Australia’s release of the interest rate is at 5:30 MT on November 5. There are strong opinions among the analysts that there will be no rate cut announcement on November 5 meeting, so the market expects it to stay at 0.75%. Although the Australian financial authorities previously expressed their will to stimulate the economy and lift the inflation rate through rising wages, it has been outlined that households and savers would suffer more if the rate was lowered. For this reason, no change is expected this time, but let’s keep our eyes open.
The central banks' meetings will highlight the week as well as the PPI release
Russian-Ukrainian conflict is influencing every economic aspect…
Australia will release employment change and an unemployment rate on Thursday, November 11, at 02:30 MT (GMT+2).
The Reserve Bank of Australia (RBA) will make a statement and release a Cash Rate on February 7, 05:30 GMT+2. It's among the primary tools the RBA uses to communicate with investors about monetary policy.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
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