The Reserve Bank of Australia announces its monetary policy decision – 5 June 2018 Pretty much a repeat of the May policy decision. As expected, a non-event by the RBA this time around and expect more of the same to come in the next few meetings too.
BOJ governor Kuroda had a meeting with Japan PM Abe earlier As mentioned by Eamonn , the two had a meeting at Abe’s office. here The “best” of buddies.
Some Bank of Japan news – Reuters with the report, citing an unnamed source – Abe and Kuroda meeting at Abe’s office Note – the two meet regularly to discuss the economy and policy, usually over a lunch. Once every 6 months or so is the usual schedule. the prior meeting was in January, so…
The Reserve Bank of Australia June monetary policy announcement and statement is due today – At 0430GMT I posted a preview here earlier: Another few snippets now, bolding mine:
People’s Bank of China In Open Market operations: Net drain of 30 bn yuan
Preview of the Reserve Bank of Australia today’s (June 5 2018) monetary policy board meeting – The RBA will leave the cash rate on hold at 1.5%, for the 20th consecutive month
GBPUSD trades at 1.3313 ahead of comments BOE Tenreyro says: – She expects gradual tightening of monetary policy will be needed over the next 3 years – A few rate rises will be needed but timing is an “open question” The market reaction is somewhat muted. The GBPUSD was trading at 1.3313 prior to the…
Greg had remarks from the Bank of England’s Silvana Tenreyro – Member of the Bank of England Monetary Policy Committee – Professor in Economics at the London School of Economics Here:
ECB president Mario Draghi was due to speak tomorrow The ECB has cancelled the event tomorrow (details ), saying that Trichet is unable to participate in said event.
Poloz did the media rounds on the weekend USD/CAD is down a quarter-cent to start the week as the US dollar loses ground across the board. The Canadian dollar side of the trade is at the mercy of trade headlines this week. It’s underperforming its commodity-currency cousins so far today.