The bigger mover on the day is clearly the AUD and this won't surprise too many given the thirty basis point miss to both annualised headline and core...
Chris Weston
Pepperstone
The bigger mover on the day is clearly the AUD and this won't surprise too many given the thirty basis point miss to both annualised headline and core inflation. One suspects the Australian treasurer Joe Hockey will be fairly pleased, given his rhetoric of late; while the RBA will be content that a major catalyst for earlier rate hikes has been put on the backburner for now. The swaps market said it all, and after pricing in 23 basis points over the coming twelve months prior to the release, has now settled with a more modest fifteen basis points being priced in. (VIEW LINK)
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Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market price action and advise on actionable trade ideas and investments in multiple asset classes.
Chris Weston
Head of Research
Pepperstone
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise
Chris Weston
Head of Research
Pepperstone
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise
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