Westpac have a note out on the Reserve Bank of Australia SoMp earlier Post is here: The Westpac response is detailed, but their summary in brief: And, for where to now says the bank (now and forever by the look of it …):
People’s Bank of China mid rate for onshore yuan trade today The Bank has been sending the onshore yuan lower this week, and another big chink taken out of it today.
This is the RBA Statement on Monetary Policy, SoMP Quick headlines from the Statement via Reuters For the full text, link OK, loads of headlines distilled from the complete text of the policy, distilling a little further:
Williams speaking in New York Nothing market moving in the initial comments. Harker will be out with his comments shortly. ForexLive
RBA Statement on Monetary Policy is due at the bottom of the hour, previews: And also, some snippets are in the previews of Tuesday’s RBA meeting Also coming up is housing finance data for Sep.
Draghi at Irish parliament The euro ticked a few pips higher on continued optimism about the economy from Draghi. ForexLive
ECB publishes its economic bulletin in relation to the 25 October meeting – Even if growth is somewhat weaker than expected – Short-term indicators point to continued strength in the labour market ForexLive
A quick preview on the Reserve Bank of Australia SoMP via HSBC: — The release is due at 0030 GMT – Friday November 9 – The SoMP is a quarterly occurrence
Collecting the Federal Open Market Committee previews here. Long story short is not to expect too much today, – A bit of shuffling of words in the statement – But no rate hike today, that’ll come in December (Happy Christmas) Where was I? Oh, yeah:
The Federal Open Market Committee decision is Thursday 8 November afternoon US time (1900GMT) Earlier previews Adding now …. Credit Suisse: Daiwa: