Wendy Le MARKET MOVERS Wendy Le NZ Official Cash Rate & RBNZ Rate Statement – 12 August 12:00pm The NZ official cash rate is forecasted to stay the same at the record low rate of 0.25%. As the cash rate stabilising indicates economic recovery, this may lead to a bullish NZD and AUD. An interest rate cut … Read more
MARKET MOVERS Will Liu Australian Cash Rate – 4th August 2:30pm The Australian Cash rate is forecasted to remain steady 0.25%, with the current state of the economy and the extra uncertainty added by rising COVID 19 cases. RBA is expected to maintain optimism similar to last month’s RBA minutes where policymakers noted that ‘the downturn … Read more
MARKET MOVERS Wendy Le Australian CPI q/q – 29 July 11:30am Australian CPI is forecasted to decrease from 0.3% to -2.0%. This potential decline in inflation could be attributed to the spike in COVID-19 cases in Victoria and NSW. This indicates a movement away from the RBA’s target inflation rate of 2-3% meaning that in … Read more
