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RBA’s Bullock: Need to see results on inflation before lowering rates

Reserve Bank of Australia (RBA) Governor Michele Bullock is responding to the questions from the audience following her speech at the Anika Foundation, in Sydney on Thursday.

Fxstreet

Sep 5, 2024

RBA’s Bullock: It is premature to be thinking about rate cuts

Reserve Bank of Australia (RBA) Governor Michele Bullock speaks at the Anika Foundation, in Sydney on Thursday.

Fxstreet

Sep 5, 2024

BoJ’s Takata: Hard to debate at this stage to what degree BoJ can shrink its balance sheet

Bank of Japan (BoJ) Board Member Hajime Takata made some comments on the bank’s policy outlook and economic prospects during his speech on Thursday.

Fxstreet

Sep 5, 2024

Australia’s Trade Surplus widens to 6,009M MoM in July vs. 5,150M expected

Australia’s trade surplus widened to 6,009M MoM in July versus 5,150M expected and 5,589M in the previous reading, according to the latest Aussie foreign trade data published by the Australian Bureau of Statistics on Thursday.

Fxstreet

Sep 5, 2024

Fed’s Daly: Fed needs to cut policy rate because inflation is falling, economy is slowing

On Thursday, San Francisco Federal Reserve President Mary Daly said that the “Fed needs to cut policy rate because inflation is falling and the economy is slowing.” Additional comments On size of Sept Fed rate cut, 'we don't know yet'.

Fxstreet

Sep 5, 2024

Australia Trade Balance (MoM) below expectations (5150M) in July: Actual (6.009M)

Australia Trade Balance (MoM) below expectations (5150M) in July: Actual (6.009M)

Fxstreet

Sep 5, 2024

Australia Imports (MoM) dipped from previous 0.5% to -0.8% in July

Australia Imports (MoM) dipped from previous 0.5% to -0.8% in July

Fxstreet

Sep 5, 2024

Australia Exports (MoM) declined to 0.7% in July from previous 1.7%

Australia Exports (MoM) declined to 0.7% in July from previous 1.7%

Fxstreet

Sep 5, 2024

Japan Foreign Investment in Japan Stocks: ¥-824.4B (August 30) vs previous ¥-438.3B

Japan Foreign Investment in Japan Stocks: ¥-824.4B (August 30) vs previous ¥-438.3B

Fxstreet

Sep 4, 2024

Japan Labor Cash Earnings (YoY) above forecasts (3.1%) in July: Actual (3.6%)

Japan Labor Cash Earnings (YoY) above forecasts (3.1%) in July: Actual (3.6%)

Fxstreet

Sep 4, 2024

South Korea Gross Domestic Product Growth (YoY) meets forecasts (2.3%) in 2Q

South Korea Gross Domestic Product Growth (YoY) meets forecasts (2.3%) in 2Q

Fxstreet

Sep 4, 2024

South Korea Gross Domestic Product Growth (QoQ) meets forecasts (-0.2%) in 2Q

South Korea Gross Domestic Product Growth (QoQ) meets forecasts (-0.2%) in 2Q

Fxstreet

Sep 4, 2024

Forex Today: All the attention goes to the US labour market

The Greenback succumbed to expectations of a potential 50 bps rate cut by the Fed later this month after data signalled further cooling in the US labour market, all prior to crucial metrics later in the week.

Fxstreet

Sep 4, 2024

Fed's Bostic: Must not maintain a restrictive policy stance for too long

Atlanta Federal Reserve President Raphael Bostic said on Wednesday that the Fed is in a favorable position but added that they must not maintain a restrictive policy stance for too long, per Reuters.

Fxstreet

Sep 4, 2024

US JOLTS Job Openings decline to 7.67 million in July vs. 8.1 million expected

The number of job openings on the last business day of July stood at 7.67 million, the US Bureau of Labor Statistics (BLS) reported in the Job Openings and Labor Turnover Survey (JOLTS) on Wednesday.

Fxstreet

Sep 4, 2024

United States JOLTS Job Openings below expectations (8.1M) in July: Actual (7.673M)

United States JOLTS Job Openings below expectations (8.1M) in July: Actual (7.673M)

Fxstreet

Sep 4, 2024

United States Factory Orders (MoM) above forecasts (4.7%) in July: Actual (5%)

United States Factory Orders (MoM) above forecasts (4.7%) in July: Actual (5%)

Fxstreet

Sep 4, 2024

Canada BoC Interest Rate Decision meets forecasts (4.25%)

Canada BoC Interest Rate Decision meets forecasts (4.25%)

Fxstreet

Sep 4, 2024

United States Redbook Index (YoY) increased to 6.3% in August 30 from previous 5%

United States Redbook Index (YoY) increased to 6.3% in August 30 from previous 5%

Fxstreet

Sep 4, 2024

United States Goods and Services Trade Balance above forecasts ($-79B) in July: Actual ($-78.8B)

United States Goods and Services Trade Balance above forecasts ($-79B) in July: Actual ($-78.8B)

Fxstreet

Sep 4, 2024

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