Geopolitical News Influence Markets
Russian-Ukrainian conflict is influencing every economic aspect…
Is the RBA to hold the rate?
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.
- If the RBA is hawkish, the AUD will rise
- If the RBA is dovish, the AUD will fall.
Similar
Australian Job Data Will Impact AUD
Australia will release employment change and an unemployment rate on Thursday, November 11, at 02:30 MT (GMT+2).
AUD/USD Dropped After RBA & Other News
Read the article to get the latest news and fresh trade ideas!
Latest news
What’s New with Australian Unemployment Rate?
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
Can the UK CPI surprise?
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Retail Sales Update
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
