AUD/USD TRADES WEAKER AS MARKET SEES LITTLE CHANCE OF A FURTHER RATE HIKE BY RBA – COMMERZBANK

avatar
· Views 148




Economists at Commerzbank expect the Reserve Bank of Australia (RBA) to stand pat following the publication of Australian jobs report.

RBA might stay on hold in September

The Australian labor market report for July should support the RBA’s view that it can take another pause in the interest rate cycle. 

If the inflation figures for July, which will be released at the end of the month, also signal further easing, the RBA should see itself on a good path. 

Finally, the news from China should make the RBA cautious about further rate hikes, as they pose a risk to the Australian economy. In this respect, it is little surprise that the market sees little chance of a further rate hike and that the AUD is trading weaker against the USD


면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.

이 글이 마음에 드시나요? 작성자에게 팁을 보내 감사의 마음을 전하세요.
댓글 0

  • tradingContest