Will PMIs Trigger Fresh Highs in the USD?
The United States will publish Flash Manufacturing and Services PMIs on Tuesday at 16:45 GMT+2.
Will the RBA meeting minutes pull the AUD down?
The RBA meeting minutes will be released at 02:30 MT time on November 19.
The minutes of the monetary policy meeting due on November 19 will shed light on the logic behind the recent monetary policy decision announced by the Reserve Bank of Australia. The RBA kept the interest rate at 0.75% on November 5. The policymakers advised that a prolonged period of low rates may be expected due to the risks in the global economic environment and the intention of the RBA to reach full employment. They also stated that the further monetary ease will stay as an option if the situation requires. Therefore, on November 19 we will have more details on the internal discussion and the observations of the RBA officials which lead to the current monetary stance.
- If the RBA meeting minutes reveal a steady rate intention, the AUD will rise;
- If the RBA meeting minutes reveal more openness to a dovish scenario, the AUD will fall.
Similar
British inflation may send the GBP up
Great Britain will publish the Inflation Rate on October 20, at 09:00 MT time (GMT+3).
The GBP may be supported
Great Britain will publish its trade balance for April on June 11, at 09:00 MT time.
Latest news
What Will Bring the Core PCE Price Index Release?
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The Big Release for the USD
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
Will New Zealand’s Central Bank Boost the NZD?
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
