The Reserve Bank of Australia meet tomorrow, announcement at 2.30pm local time (0430GMT) TD with their outlook, bolding mine Probability Dovish (
Just a few comments noted from ANZ on the Reserve Bank of New Zealand cash rate (bolded) The global outlook remains positive Domestically, the economy is going through a softer patch and we expect it will struggle to grow above trend from here
The Reserve Bank of Australia monetary policy announcement and statement are due at 0430GMT Earlier previews: – (via Westpac) – (via ANZ) – (via TD) This now via National Australia Bank:
The Reserve Bank of Australia monetary policy decision and statement are due at 0430GMT I posted previews here: This now via Westpac:
People’s Bank of China lowers the price if the onshore yuan again today, but at a slower pace than it has done over the prior two mid rate settings – 6.6166 is the highest for the USD/CNY reference rate (i.e. weakest for the onshore yuan) since December 13 of 2017
Highlights of the Bank of Canada’s Q2 2018 business outlook survey Survey data: Looking at the details here, this is much more bullish than the initial headline. The BOC is going to hike on July 11 unless there is a major surprise between now and then.
Key business survey from the Bank of Canada The Bank of Canada loves its business outlook survey. The Q2 edition is due out at the bottom of the hour and features survey data on future sales, investment and the overall outlook.
Bloomberg report This is hitting EUR/USD. There are no consumer confidence numbers on the docket in the near term so Draghi must be pulling the data from elsewhere. The most-recent consumer confidence number for the eurozone was last week and it was at -0.5 compared to +0.2 previously. German IFO numbers were in-line with estimates…
German Bundesbank President Jens Weidmann spoke in a weekend interview Mr. W speaking on Germany’s HR-1 public radio on Sunday. Via Reuters
And, there we are, the sharp devaluation of the onshore yuan halted today – Monday’s mid rate little changed from Friday’s As of Friday it was 8 days in a row of PBOC devaluations. That streak halted today