Page 9 - எங்களுக்கு கூட்டாட்சியின் திறந்த சந்தை குழு News Today : Breaking News, Live Updates & Top Stories | Vimarsana
PIMCO: Substantial Further Progress? Not Yet, Says the Fed | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
7/28/2021 10:37:26 PM GMT | By Anil Panchal
“Australia’s central bank is likely to push back its planned taper of bond buying, just four weeks after announcing it, as prolonged lockdowns triggered by the delta virus variant look set to send the national economy back into reverse,” per Bloomberg’s latest poll of 18 economists.
Key quotes (from Bloomberg)
Thirteen of 18 economists polled by Bloomberg expect the Reserve Bank will delay its planned reduction in weekly purchases to A$4 billion ($3 billion) from A$5 billion at Tuesday’s meeting.
The taper is currently due to begin in September and be reviewed a couple of months after that.
Copper advances on strong second-half outlook
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7/28/2021 1:46:40 AM GMT | By Anil Panchal
AUD/USD eases from intraday top on despite firmer Aussie inflation figures.
Australia’s Q2 CPI crosses QoQ forecasts, RBA Trimmed Mean CPI matches market consensus.
NSW propels Aussie infections to 11-month top, extends covid lockdown in Sydney by four weeks.
Market sentiment improves ahead of Fed, Aussie PM’s speech, covid updates also become important catalysts.
AUD/USD seesaws around the intraday top, recently down to 0.7365, following the upbeat Aussie Q2 inflation figures amid early Wednesday. The risk barometers paid a little heed to the second-quarter (Q2) Consumer Price Index (CPI) data as markets await the US Federal Open Market Committee (FOMC) verdict, as well as Australia PM Scott Morrison’s response to the worsening coronavirus conditions at home.
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