What did the RBA statement tell us? Firstly, there were no surprises from the RBA’s rate decision. The Cash rate and the 3-year yield target were both were kept at…
In the last RBNZ rate decision, the RBNZ has been needing to reference the housing market in their monetary policy decisions. This is not a normal mandate for a central…
There were no major changes in the latest RBNZ meeting and Governor Orr did his part to try and talk down the NZD. The key issue for New Zealand is…
This week saw some mixed risk flows as the market showed some indecision. This year’s rise in US equities took a pause midweek as a rotation out of tech stocks…
The RBNZ is going to meet at 01:00 tomorrow (February 24). Afterwards, the RBNZ will hold a press conference at 0200. The most likely result is that the RBNZ will…
If there is one thing the RBA wants to avoid it is this: outpacing the Fed in any recovery. However, the latest RBA minutes show the central bank needs to…
Once again the main reflation narrative continued to support risk assets in another calendar light week. Low interest rates, high levels of quantitative easing, governments ready to support economies with…
Major central bank rundown The central banks are listed below with their current state of play. The link for each central bank is included in the title of the bank…
This week saw the main reflation narrative continue to support risk assets in a calendar light week. The reflation narrative is that there is a global synchronised recovery underway supported…
The last rate meeting was about one thing. Would the bank walk towards or walk away from using negative interest rates? Since the start of the year, Governor Bailey’s comments…