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Markets in Mildly Positive Mood as Another Debt Ceiling Talk Awaited

Mood is generally positive in Asian session today, with Hong Kong HSI leading other major indexes higher. While the G7 communique released after the meeting in Hiroshima drew furious response from both China and Russia, there was little reactions among investors. Dollar is trading mildly lower, followed by Canadian and Aussie. Kiwi is currently the stronger one as markets await this week's RBNZ rate hike. Yen is also recovering, followed by Euro and Swiss Franc. But overall, almost all majo...
Hong Kong New Zealand United States United Kingdom Christine Lagarde Neel Kashkari

AUD traders heads up: RBA 'shadow board' recommends a 25bp cash rate hike on Tuesday 7 Feb

The Reserve Bank of Australia meet, Tuesday, 7 March 2023, with its statement due at 2.30pm Sydney time. • 0330 GMT, which is 10.30 pm US Eastern time. The Bank will hike its cash rate again, by 25bp. Its way behind the inflation rate ( we get another monthly CPI indication in the data due today). ...
New South Wales Reserve Bank Shadow Board

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