Insights

RBA left the official cash rate unchanged at 2.00%

AUD currently 0.7145  vs. 0.7130  immediately prior to the announcement RBA statement: AUD adjusting  to significant declines in commodity prices Monetary policy needs to be accommodative Read full statement  » Read more

What a week! The S&P500 was down…The Inside Track

What a week! The S&P500 was down over 12% for the week at its worst, recovering to close the week down marginally over 5%! The spikes in risk aversion... » Read more

AUD/USD Alert

AUD/USD Alert Long term downside targets largely achieved. Read more    » Read more

The dominant market theme is a huge sell off in…The Inside Track

The dominant market theme is a huge sell off in risk assets, driven by concerns over broader economic impact of a Chinese slowdown. The USD is also under pressure as... » Read more

The PBoC explain their dramatic lowering of fixing…The Inside Track

The PBoC have explained their dramatic lowering of the fixing, as attempt to realign onshore exchange rates with the market driven offshore (CNH) rates. CNH has consistently been trading... » Read more

RBA reference the relative strength of AUD…The inside track

The change in tone by the RBA with reference to relative strength of the AUD was a major development last week, this implies that Governor Glenn Steven’s has largely... » Read more

US rate hike….The Inside Track

Last week’s Federal Reserve monetary policy meeting offered nothing new as to the potential timing of the first US rate hike in 9 years, with December generally considered the... » Read more

Last week was the perfect storm of bad news for AUD…The Inside Track

Last week was a perfect storm of bad news for the AUD, Chinese manufacturing data disappointed, commodity prices were whacked, and lower than expected inflation. The immediate prognosis for the... » Read more

AUD is likely to receive direction from….The Inside Track

There is little data of significance out this week and thus AUD is likely to receive direction from commodity markets and fluctuating sentiment towards China. The RBNZ meet on... » Read more

Greek referendum appears to have been a waste of time…The Inside Track

The Greek referendum appears to have largely been a waste of time, as Greece descends into the economic mire and Tsipras is forced to accept the austerity measures he... » Read more

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