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Key insights from the week that was. In Australia, the RBA Board once again left the cash rate unchanged at 4.35%. The Board’s statement emphasised that there remains considerable uncertainty around the economic outlook, particularly as it relates to policy lags, the path for consumption, and consequently inflation’s path back to target. Strong population growth […]

The post Cliff Notes: Deliberating on Evolving Risks appeared first on Action Forex.

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11/06/2024

US: Small Business Optimism Index Improves in May

NFIB’s Small Business Optimism Index rose 0.8 points to 90.5 in May, beating market expectations for a flat reading of 89.7. Half of the ten subcomponents improved on the month, three deteriorated, and two remained unchanged. The improving categories included expectations for the economy to improve (up 7 point to -30%), expectations for credit conditions […]
30/08/2024

WTT: What To Trade in September

September is often seen as a cautious or “risk-off” month for traders, influenced by factors like economic uncertainty, updates from China, and concerns about the rate cuts in the US. This generally means that traders might prefer safer investments, although this can vary depending on the asset. Here are two of my favorite trade ideas […]
20/03/2024

GBP: Analysts Predict Lower CPI Figures

In its February meeting, the Bank of England kept interest rates unchanged at 5.25%, the highest in 16 years. While one policymaker advocated for a rate cut, the central bank refrained from signaling any imminent changes, citing the need for further evidence on inflation. With inflation stable at 4.0% y/y in January and the economy […]