ASX200 & AUD higher as focus moves to RBA rate decision

Market News & Analysis High-impact economic news:2:30 pm AUD Cash Rate 40% expect cut to 1.25% – RBA Rate Statement Today’s RBA rate decision is now the focus after better than expected retail sales data helped maintain gains on the AUD and ASX200....

AUD setting up for new move lower to USD and Yen?

Market News & Analysis The AUD currently sits in a bearish position, data has not been helping the AUD of late with CPI coming in last week way below expectations. Eyes have moved the RBA not for if they’ll cut rates but when. Westpac advised yesterday they...

Investors retreat from Wall Street on weak earnings

Market News & Analysis Upcoming high impact economic news: 0845 NZD Trade Balance 1130 AUD NAB Business Confidence 1900 EUR Spanish unemployment rate 0200 USD CB Consumer Confidence Tomorrow – Brexit vote Investors retreated from Wall Street overnight after...

Australian dollar tumbles on rate cut speculation

Market News & Analysis Upcoming high impact news: 0845 NZD Visitor Arrivals m/m 1030 JPY Tokyo Core CPI 2000 EUR German IFO Business Climate Day 3: World Economic Forum in Davos Strong jobs data and a positive local manufacturing read wasn’t enough to save the...