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Investing.comJul 2, 2024
RBA considered a rate hike in June, sees “narrow” path to normalization- minutes
RBA Minutes: Board judged the case for holding rates steady stronger than for hiking
WTI gains ground above $83.50 on geopolitical risks, summer demand optimism
PBOC sets USD/CNY reference rate at 7.1291 vs. 7.1265 previous
Investing.comJul 2, 2024
RBA could hike rates in August, supporting AUDUSD- UBS
USD/CAD holds above 1.3700 on stronger US Dollar, higher US Treasury yields
Other
RBA considered a rate hike in June, sees “narrow” path to normalization- minutes
Investing.com-- The Reserve Bank of Australia had considered raising interest rates in June in the face of stickier-than-expected inflation, the minutes of the June meeting showed on Tuesday, with theInvesting.com
Jul 2, 2024
Economic Indicator
RBA Minutes: Board judged the case for holding rates steady stronger than for hiking
The Minutes of the Reserve Bank of Australia’s (RBA) June monetary policy meeting showed Tuesday that the “board judged the case for holding rates steady stronger than for hiking.” Additional takeaways Needed to be vigilant to upside risks to inflation, data suggested upside risk for May CPI.Fxstreet
Jul 2, 2024
Stocks
Barry Diller considers bid for Paramount after Skydance deal falls through- NYT
Investing.com-- Billionaire Barry Diller is considering a bid to take over Paramount Global (NASDAQ:PARAA), after the studio, which he formerly led, pulled out of a merger with Skydance Media, the NewInvesting.com
Jul 1, 2024
Economic Indicator
New Zealand Building Permits print another decline, falls -1.7% in May versus revised -2.1%
Stats NZ noted another month-on-month decline in New Zealand building consents in May, with Building Permits falling -1.7% MoM, adding to the previous month's revised -2.1% decline.
Fxstreet
Jul 1, 2024
