Seeking Alpha

Rates remain on hold in Australia, but the RBA policy statement tilts dovish. Specifically, the...

Rates remain on hold in Australia, but the RBA policy statement tilts dovish. Specifically, the bank - earlier expecting Chinese growth to rebound in H2 - now seems less sure of such. The bank also notes the aussie, though lower of late, is higher than what it might have expected. The aussie initially jumped when no cut was announced, but is now a hair lower, buying $1.0241. ASX 200 -0.6%.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)