I posted this yesterday, but ICYMI, this on the Reserve Bank of Australia August meeting minutes due at 0130GMT RBC:And, from earlier today: – (via Barclays)
Westpac were forecasting no change in the RBA cash rate out to end 2019 Have extended that now Westpac citing tightening financial conditions quite apart from efforts by the RBA, pushing RBA hikes out further :
Reserve Bank of Australia August monetary policy board meeting minutes I said earlier the minutes were a little dated, given the communications we have had from the Bank since (SoMP, two appearances (now 3) from Governor Lowe, ellis speech.
Onshore yuan reference rate, a big strengthening for the CNY from the bank today In Open Market operations, ForexLive
TD reckon its not Jackson Hole that will be the focus, but the FOMC minutes due Wednesday before hand In brief: Fed Chair Jay Powell will speak on “Monetary Policy in a Changing Economy” at the Kansas City Fed’s annual policy symposium at Jackson Hole.
Barclays say they are expecting the minutes “to reveal that most committee members see the economy as evolving in line with expectations.” I posted earlier:
I posted on TD earlier, the minutes will more of a focus than Fed Chair Powell speaking at Jackson Hole on August 24 Before the Hole though is FOMC Minutes due on Wednesday
Comments by PBOC deputy governor, Zhu Hexin – Will keep reasonable, ample liquidity without flooding the financial system – PBOC will unclog monetary policy transmission ForexLive
Reserve Bank of Australia August meeting minutes are due at 0130GMT I posted earlier: This via Barclays (this is the real quick bit the headline referred to):
Reserve Bank of Australia Governor Lowe speaking at a breakfast event I guess anything with free food is an ‘event’ Lowe: It is nearly eight years since the previous increase in interest rates by the RBA. This means that many borrowers have never experienced a rise in official interest rates. They have mostly experienced lower…